Commodity Prices: Light Crude Oil

The following graphs present commodity future prices over the periods of the last week, last three months and last year. All changes are measured in US Dollars and reflect daily closing prices for the forward month futures.

    Last 6 Days     Last 3 Months     Last 12 Months
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Commodity News

Report: Slow, Steady Recovery More Likely Than Rapid Rebound
Wednesday, May 25, 2016 A slow, steady recovery in oil prices is more likely than a rapid rebound, according to a global oil and gas industry survey from international law firm Ashurst.

Oil Ends Up on US Crude Drawdown Hopes, Wall Street Rally
Tuesday, May 24, 2016 Oil prices rose on Tuesday as investors anticipated a weekly drawdown in US crude inventories that they hoped would boost prices closer to $50 a barrel, while a rally on Wall Street also lent support.

Oil Down Modestly For 4th Day; Cushing Draw Limits Loss
Monday, May 23, 2016 Oil prices eased again on Monday after Iran vowed to ramp up output and as the number of rigs drilling for crude in the United States held steady after declining for eight straight weeks.

Oil Slips; Pressured by Strong Dollar, Stubborn Glut
Friday, May 20, 2016 Oil prices slipped on Friday as a stronger dollar encouraged investors to cash in on a second week of gains and the market stayed focused on whether unplanned supply outages were reducing a stubborn global glut.

Oil Steadies; Canadian, Nigerian Supply Issues Offset Strong Dollar
Thursday, May 19, 2016 Oil prices settled largely unchanged on Thursday as worries about Canadian and Nigerian supply outages offset the impact of a stronger dollar, which has rallied on growing expectations the Federal Reserve will raise interest rates next month.

Oil Falls as Fed Rate Hike Speculation Sends Dollar Surging
Wednesday, May 18, 2016 Oil prices retreated from 2016 highs and snapped a two-day rally on Wednesday, hurt by a surge in the dollar after the US Federal Reserve signaled it could raise interest rates next month.

US Crude Prices Hits 7-month High as Inventory Drop Seen
Tuesday, May 17, 2016 Oil prices rose for a second straight day on Tuesday, with US futures hitting seven-month highs, on expectations of a drawdown in US crude stockpiles and a new wildfire threat on Canadian oil supplies.

Oil Hits 6-month Highs on Supply Outages, Goldman Forecast
Monday, May 16, 2016 Oil prices hit six-month highs on Monday on worries about global supply outages and as long-time bear Goldman Sachs sounded more positive on the market, although a stockpile build at the US storage hub for crude futures limited gains.

Oil Slips on Stronger Dollar; Gains on the Week on Supply Outages
Friday, May 13, 2016 Oil slips on a stronger dollar and as investors cashed in on a three-day rally, but prices still ended the week higher after production in Nigeria fell to its lowest in two decades and wildfires slashed output from Canada's oil sands.

Oil Up 1% After Swing on Mixed Data; US Crude at November Highs
Thursday, May 12, 2016 Oil prices rose 1 percent in volatile trade on Thursday, with US crude hitting six-month highs as investors weighed a forecast for tighter global supplies against signs of another storage build at the hub for US crude futures.