WTI Oil (CL) Price Today, Forecasts & News

WTI Oil
CL
Open
70.108
-0.31 (-0.44%)
in:USD•As of: Feb 28, 2025 18:09 UTC
Prev. Close
70.418
High
70.428
Low
69.412

Stats

Prev. Close

70.418

High

70.428

Low

69.412

Ask

70.173

Bid

70.043

Spread

0.1300

Price Drivers

Positive

United States GDP Annual Growth Rate

Brent Oil

United States Interest Rate

Value:2.50%

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:$1.03957

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, February 28th 2025
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:30	CAD	GDP MoMDec	Medium	0.2%	0.3%	-0.2%
13:30	USD	PCE Price Index MoMJan	Medium	0.3%	0.3%	0.3%
13:30	CAD	GDP MoM PrelJan	Medium	0.3%	0.1%	0.2%
14:45	USD	Chicago PMIFeb	Medium	45.5	40.6	39.5

Saturday, March 1st 2025
Time	Currency	Event	Impact	Actual	Consensus	Previous
01:30	CNY	NBS Non Manufacturing PMIFeb	Medium		50.3	50.2
01:30	CNY	NBS Manufacturing PMIFeb	High		49.9	49.1

Sunday, March 2nd 2025
Time	Currency	Event	Impact	Actual	Consensus	Previous
22:00	AUD	S&P Global Australia Manufacturing PMI FinalFeb	Medium		50.6	50.2

Latest News

FXEmpire3 hours ago

Crude Oil Price Outlook – Crude Continues to Look for Certainty

WTI Oil-0.44%

Brent Oil-0.75%

FXEmpire7 hours ago

Oil News: Bearish Outlook as Tariff Concerns and Iraqi Exports Pressure Prices

WTI Oil-0.44%

Brent Oil-0.75%

FXEmpire11 hours ago

Natural Gas and Oil Forecast: OPEC+ Output Decisions to Dictate Market Moves

WTI Oil-0.44%

Brent Oil-0.75%

Natural Gas-1.75%

FXEmpire21 hours ago

Crude Oil Price Forecast: Crude Rebounds, but Key Resistance Levels Loom

WTI Oil-0.44%

FXEmpire23 hours ago

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Trump Revokes Chevron’s Venezuela Licence

WTI Oil-0.44%

Brent Oil-0.75%

Natural Gas-1.75%

FXEmpireFeb 27, 2025

Crude Oil Price Outlook – Crude Oil Continues to Look to Rally

WTI Oil-0.44%

Brent Oil-0.75%

Read All

Commodities

WTI Oil

Positive

Negative

Crude Oil Price Outlook – Crude Continues to Look for Certainty

Oil News: Bearish Outlook as Tariff Concerns and Iraqi Exports Pressure Prices

Natural Gas and Oil Forecast: OPEC+ Output Decisions to Dictate Market Moves

Crude Oil Price Forecast: Crude Rebounds, but Key Resistance Levels Loom

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Trump Revokes Chevron’s Venezuela Licence

Crude Oil Price Outlook – Crude Oil Continues to Look to Rally

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