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Markets / Crude Oil (WTI)

Crude Oil (WTI)

Nov Crude futures · $ per barrel

93.64/bbl
+$1.79 (+1.95%) Updated Mon Oct 12, 2:00 PM CT · may be delayed
Nov Crude, daily settle
Prior settle
91.85
Today's range
89.61 – 94.36
1 week / 1 month
+4.7% / -2.4%
52-week range
55.64101.69
Seasonal pattern: % change since January 1 20262021–2025 average2025

Crude Oil is up 62.5% since January 1. By this point in a typical year (2021–2025) it was up 13.6%. From here to year-end, the price rose in 0 of the last 5 years, down 8.0% on average. Front-month futures. Past patterns don't predict prices; weather, demand and policy change every year.

Big funds: managed money net position (contracts) net long (betting up)net short (betting down)

As of Tuesday, Oct 6, hedge funds and commodity advisors are net long 53,598 contracts (less bullish than the week before, -25,994). That's more bullish than 17% of weeks in the last 3 years. CFTC Commitments of Traders, Disaggregated Futures Only. Published Fridays with Tuesday's positions.

Every contract month

Crude Oil futures trade every month.

Deferred months are priced below Nov Crude (an inverse): the market wants it now.

Nov Jan Mar May Jul Sep
MonthLastChange%vs. Nov
Nov Crude 93.64 +$1.79 +1.95% — Alert
Dec Crude 92.78 +$1.77 +1.94% -$0.86 Alert
Jan Crude 91.80 +$1.80 +2.00% -$1.84 Alert
Feb Crude 90.64 +$1.81 +2.04% -$3.00 Alert
Mar Crude 89.46 +$1.83 +2.09% -$4.18 Alert
Apr Crude 88.25 +$1.84 +2.13% -$5.39 Alert
May Crude 86.97 +$1.79 +2.10% -$6.67 Alert
Jun Crude 85.79 +$1.84 +2.19% -$7.85 Alert
Jul Crude 84.46 +$1.74 +2.10% -$9.18 Alert
Aug Crude 83.17 +$1.67 +2.05% -$10.47 Alert
Sep Crude 81.93 +$1.59 +1.98% -$11.71 Alert
Oct 27 Crude 80.75 +$1.50 +1.89% -$12.89 Alert

Text me when Nov Crude hits my number

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Why it moved

Brent Crude Oil Price Jumps After Attack on Iran’s South Pars Field. It went against diesel (-0.43%), which was lower. It settled near the high of the day.

From the 2:00 closing report, Monday, Oct 12. Past reports

Reports coming up

  • Wed Oct 14EIA crude oil inventories9:30am CT
  • Thu Oct 15EIA natural gas storage9:30am CT
  • Wed Oct 21EIA crude oil inventories9:30am CT
  • Thu Oct 22EIA natural gas storage9:30am CT
  • Wed Oct 28EIA crude oil inventories9:30am CT
  • Thu Oct 29EIA natural gas storage9:30am CT
  • Wed Nov 4EIA crude oil inventories9:30am CT
  • Thu Nov 5EIA natural gas storage9:30am CT
  • Wed Nov 11EIA crude oil inventories9:30am CT

Full report calendar

About this market

NYMEX WTI crude oil, 1,000 barrels. Each month stops trading around the 20th of the month before.

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