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

Kemp: Goodbye Contango? Oil's Long March Towards Backwardation
Wednesday, August 16, 2017 The IEA's evident frustration about the slow and uneven pace of rebalancing, and the conflicting signals about whether it is happening at all, is shared by many traders, analysts and investors.

Oil Slides Despite Steep Draw In US Crude Stocks
Wednesday, August 16, 2017 Oil prices fell more than 1% even though US crude stockpiles declined by the most in a year.

Oil Prices Settle Flat After Testing 3-Week Lows
Tuesday, August 15, 2017 Oil prices settle little changed after slumping to three-week lows.

Oil Falls by Most in Five Weeks Amid Fear of Chinese Demand Drop
Monday, August 14, 2017 Oil tumbled by the most in more than five weeks as fears of falling oil demand in China overshadowed news that Libya's crude supply was disrupted.

Oil Prices Up Amidst Higher Global Demand, Nigeria Instability
Friday, August 11, 2017 Oil prices rise slightly in volatile trading as the market weighed lower US crude stocks, Nigerian instability and strong global demand growth against a persistently slow rebalancing.

Kemp: Oil Market Marches On Towards Backwardation
Thursday, August 10, 2017 Oil traders are increasingly convinced the market will rebalance over the next year with a major drawdown in crude and products stocks.

Oil Slides On Worries About Global Crude Glut, Wall St Slump
Thursday, August 10, 2017 Oil prices fell more than 1.5%, as a bruising day on Wall Street bolstered fears.

Kemp: US Shale Breakeven Price Revealed Around $50
Wednesday, August 09, 2017 US shale producers need a WTI oil price around $50 per barrel to break even, according to an analysis of 2Q financial statements.

Oil Inches Higher After Data Points To Declining US Inventories
Wednesday, August 09, 2017 Oil prices were about 1% higher after a report showed US refineries processed record amounts of crude in the latest week.

Oil Declines as Supply Concerns Loom With Summer Season Ending
Tuesday, August 08, 2017 Oil slid on concerns that supplies may rise once the summer driving season ends.