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

Oil Prices Fall on Unexpected Build to Crude Stocks, Looming Product Glut
Wednesday, July 27, 2016 Oil prices continue to slide off the marketís belief that a global glut in gasoline has displaced the oversupply of crude, which had depressed oil prices since July 2014.

Oil Falls to Three-Month Low Amid Projected Fuel Supply Growth
Tuesday, July 26, 2016 Oil dropped to a three-month low in New York amid speculation that US fuel stockpiles increased, bolstering a glut in the world's biggest crude-consuming nation.

Oil Tumbles to Three-Month Low as US Drilling Climbs Amid Glut
Monday, July 25, 2016 Oil fell to the lowest in three months in New York after US producers increased drilling for a fourth week even as the market contends with abundant stockpiles.

Kemp: Hedge Funds in New Cycle of Oil Short-Selling
Monday, July 25, 2016 Hedge funds have been liquidating their former record bullish position in crude futures and options, putting downward pressure on oil prices in recent weeks.

Oil Drops to Two-Month Low Amid Ample US Supply, Rising Dollar
Friday, July 22, 2016 Oil dropped to the lowest close in more than two months as the US heads to the end of the summer-driving season with ample inventories.

Oil Down 2% as Record US Stockpiles Heighten Glut Worry
Thursday, July 21, 2016 Oil prices fell 2 percent on Thursday, as the market took a closer look at US government data that showed growing inventories of gasoline and other oil products pushed total petroleum supplies in the No. 1 oil consumer to record highs.

Oil Prices Up 1% After Ninth Weekly US Crude Drawdown
Wednesday, July 20, 2016 Oil prices rose as much as 1 percent on Wednesday, lifting US crude from two-month lows, after the US government reported a ninth straight week of crude inventory draws, easing some concerns in a market worried about a glut.

Oil Down Before US Stockpile Data; Attention on Product Builds
Tuesday, July 19, 2016 Oil prices fell as much 1 percent for a second day in a row on Tuesday as a rallying dollar and global fuel glut offset forecasts for lower US crude stockpiles that would have been typically bullish for the market.

Oil Drops as Flows Unhindered Following Coup Attempt in Turkey
Monday, July 18, 2016 Oil declined following a failed coup in Turkey as shipments continued through the vital conduit from Russia and Iraq to the Mediterranean Sea.

Oil Settles Near $46 Amid Nigeria Force Majeure, US Fuel Glut
Friday, July 15, 2016 Oil closed near $46 a barrel in New York as the market weighed a force majeure declared by Exxon on crude shipments out of Nigeria against excess US oil and product inventories.