WTI Oil (CL) Price Today, Forecasts & News

WTI Oil
CL
Open
80.089
+0.579 (+0.73%)
in:USD•As of: May 19, 2024 23:01 UTC
Prev. Close
79.51
High
80.261
Low
79.164

Stats
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Prev. Close
79.51
High
80.261
Low
79.164
Ask
80.169
Bid
80.009
Spread
0.1600
Price Drivers
Positive
United States GDP Annual Growth Rate
Brent Oil
United States Interest Rate
Value:3.00%
Strong U.S. GDP Growth is bullish for WTI oil as demand for oil grows together with the economy.
Negative
EUR/USD
S&P Industrial Sector
Value:$1.08710
Weaker EUR/USD is bearish for WTI oil as WTI oil is quoted in U.S. dollars
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Economic CalendarAll Events
Time zone: GMT
Friday, May 17th 2024
Time Currency Event Impact Actual Consensus Previous
16:00

RUB
GDP Growth Rate YoY PrelQ1
Medium
5.4% 5.3% 4.9%
16:00

RUB
Inflation Rate MoMApr
Medium
0.5% 0.5% 0.4%
Saturday, May 18th 2024
Time Currency Event Impact Actual Consensus Previous
21:45

USD
Fed Kugler Speech
Medium
Sunday, May 19th 2024
Time Currency Event Impact Actual Consensus Previous
19:30

USD
Fed Chair Powell Speech
High
Monday, May 20th 2024
Time Currency Event Impact Actual Consensus Previous
01:15

CNY
Loan Prime Rate 1Y
Medium
3.45% 3.45%
01:15

CNY
Loan Prime Rate 5YMay
Medium
3.95% 3.95%
07:50

CNY
FDI (YTD) YoYApr
Medium
-25.0% -26.1%
Latest News
FXEmpire20 hours ago
Crude Oil News Today: Will Rate Cuts Lead to Increased Demand and Higher Prices?
WTI Oil+0.71%
Brent Oil+0.56%
FXEmpireMay 17, 2024
Here’s Why The Booming AI Revolution Makes This Commodity A Compelling Buy
WTI Oil+0.71%
AMZN+0.58%
AAPL+0.05%
FXEmpireMay 17, 2024
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As China’s Industrial Production Exceeds Expectations
WTI Oil+0.71%
Brent Oil+0.56%
Natural Gas+5.87%
FXEmpireMay 17, 2024
Crude Oil Weekly Price Forecast – Crude Oil Continues to Consolidate
WTI Oil+0.71%
Brent Oil+0.56%
FXEmpireMay 17, 2024
Crude Oil Price Forecast – Crude Oil Continues to Do Nothing
WTI Oil+0.71%
Brent Oil+0.56%
FXEmpireMay 17, 2024
Crude Oil News Today: Set for Weekly Gain Amid Improving Global Demand
WTI Oil+0.71%
Brent Oil+0.56%
Read All
Commodities
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Friday, May 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
16:00	RUB	GDP Growth Rate YoY PrelQ1	Medium	5.4%	5.3%	4.9%
16:00	RUB	Inflation Rate MoMApr	Medium	0.5%	0.5%	0.4%

Saturday, May 18th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
21:45	USD	Fed Kugler Speech	Medium

Sunday, May 19th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
19:30	USD	Fed Chair Powell Speech	High

Monday, May 20th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
01:15	CNY	Loan Prime Rate 1Y	Medium		3.45%	3.45%
01:15	CNY	Loan Prime Rate 5YMay	Medium		3.95%	3.95%
07:50	CNY	FDI (YTD) YoYApr	Medium		-25.0%	-26.1%

WTI Oil

Positive

Negative

Crude Oil News Today: Will Rate Cuts Lead to Increased Demand and Higher Prices?

Here’s Why The Booming AI Revolution Makes This Commodity A Compelling Buy

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As China’s Industrial Production Exceeds Expectations

Crude Oil Weekly Price Forecast – Crude Oil Continues to Consolidate

Crude Oil Price Forecast – Crude Oil Continues to Do Nothing

Crude Oil News Today: Set for Weekly Gain Amid Improving Global Demand

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