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Crude Oil WTI Apr '23 (CLJ23)

69.33s +1.69 (+2.50%) 03/21/23 [NYMEX]
N/A x N/A N/A x N/A
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Crude Oil WTI Prices for Tue, Mar 21st, 2023
Find the latest Crude Oil WTI prices and Crude Oil WTI futures quotes for all active contracts below.
Latest futures price quotes as of Mon, Mar 17th, 2025.
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Crude Oil WTI Futures Market News and Commentary

Crude Prices Gain on Dollar Weakness and Heightened Geopolitical Risks

April WTI crude oil (CLJ25) Monday closed up +0.40 (+0.60%), and April RBOB gasoline (RBJ25) closed up +0.325 (+1.51%).

Crude oil and gasoline prices Monday rose to 1-1/2 week highs and settled moderately higher.  Monday's dollar weakness was bullish for crude prices.  Crude also rose on heightened geopolitical risks in the Middle East that could lead to a disruption of crude supplies after the US launched strikes against Houthi Rebels in Yemen for attacking shipping in the Red Sea.  Gains in crude were limited by hopes for a ceasefire in Ukraine, with President Trump set to speak with Russian President Putin this week as Mr. Trump pushes for an end to the three-year conflict.  

Crude prices found support Monday from rising tensions in the Middle East, which could lead to disruption of supplies from the region.  The US launched weekend strikes on Yemen's Houthi rebels, and Defense Secretary Hegseth said strikes would be "unrelenting" until the group stops attacking vesse... Read more

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