Crude Oil WTI Futures Price — CL Chart & Quotes

Overview

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Light Crude Oil Futures chart

Contract highlights

About Light Crude Oil Futures

Crude Oil is a naturally occurring liquid fossil fuel resulting from plants and animals buried underground and exposed to extreme heat and pressure. Crude oil is one of the most demanded commodities and prices have significantly increased in recent times. Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content. The demand for crude oil is dependent on global economic conditions as well as market speculation. Crude oil prices are commonly measured in USD. Although there have been discussions of replacing the USD with another trade currency for crude oil, no definitive actions have been taken.

Ideas

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Technicals

Summarizing what the indicators are suggesting.

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Forward curve

A representation of what an asset is worth today and what the market thinks it will be worth in the future.

Seasonals

Displays a symbol's price movements over previous years to identify recurring trends.

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The current price of Light Crude Oil Futures is 64.01 USD / BLL — it has risen 2.47% in the past 24 hours. Watch Light Crude Oil Futures price in more detail on the chart.

The volume of Light Crude Oil Futures is ‪286.53 K‬. Track more important stats on the Light Crude Oil Futures chart.

Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Light Crude Oil Futures this number is ‪323.77 K‬. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Light Crude Oil Futures shows that traders are closing their positions, which means a weakening trend.

Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Light Crude Oil Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Light Crude Oil Futures technicals for a more comprehensive analysis.