The Hedge Book logo The Hedge Book Read smarter. Invest better.

← Back to Commodities

Covered Commodity Future

WTI Crude

CL=F · Front-month continuous futures · USD per barrel

Current futures price$82.12
Current price$82.12
Daily return+5.0%
Weekly return+2.2%
Monthly return+15.0%
YTD return+43.0%
Contract monthSep 26
Contract expirationUnavailable
Rollover statusProvider-managed front-month continuous series; exact rollover methodology not supplied
Contract seriesFront-month continuous futures
UnitsUSD per barrel
CurrencyUSD
ProviderYahoo Finance delayed futures data
Timestamp

Historical chart

WTI Crude historical futures price 116.41100.2684.1167.9651.812025-08-052025-10-032025-12-042026-02-052026-04-082026-06-092026-08-10 Date Futures price
2025-08-05 to 2026-08-10 · Range 55.27 to 112.95

AI-Assisted Chart Analysis

WTI Crude technical analysis

Calculated from verified chart history for the selected tenor; no news or fundamental assumptions are used.

Technical only
Trend

Constructive uptrend: the latest level is above the 50-period average and the 50-period average is above the 200-period average.

Momentum

RSI is 47, a neutral reading. Above 70 can signal extension; below 30 can signal exhaustion.

Support scenario

The first technical watch zone is 75.22. A break below 68.55 invalidates the near-term support setup.

Resistance scenario

The first resistance/watch zone is 92.19. A confirmed break above 108.66 supports continuation.

Risk

Annualized realized volatility is +53.7%. Maximum lookback drawdown is -39.3%, from a high-water mark of 112.95 to 68.55.

Potential levels are conditional chart scenarios, not personalized advice or instructions to buy or sell.

Current signal

  • WTI Crude front-month futures are trading at 78.65 USD per barrel, reflecting a modest daily gain of 0.60%.
  • The price action indicates a recovery from recent selling pressure, though the one-week performance remains negative at -7.11%.
  • Evidence is limited to price data; no specific inventory, production, or geopolitical reports were provided in this packet to explain the underlying drivers of the current price level.

What changed

  • The asset has experienced a sharp reversal in short-term momentum, with a one-week decline of 7.11% contrasting with a strong one-month gain of 10.14%.
  • Year-to-date performance remains robust at 36.97%, suggesting the recent weekly pullback is occurring within a broader uptrend.
  • The daily price increase of 0.47 USD represents a stabilization attempt following the significant weekly drawdown.

Why it matters

  • The divergence between the one-week decline and the strong year-to-date performance suggests high volatility and potential uncertainty regarding near-term supply-demand balances.
  • For energy producers, the current price level of 78.65 USD remains a critical threshold for maintaining profitability and capital expenditure plans.
  • For consumers and inflation expectations, the sustained year-to-date gain of nearly 37% implies persistent upward pressure on energy costs, which may influence broader CPI readings.

Bullish factors

  • The strong year-to-date performance of 36.97% indicates that the primary trend remains positive despite recent volatility.
  • The one-month gain of 10.14% demonstrates significant buying interest over the medium term, providing a potential support base for the current price.

Bearish factors

  • The one-week performance of -7.11% highlights significant recent selling pressure that has interrupted the broader uptrend.
  • The lack of positive catalysts in the current evidence packet suggests the market may be vulnerable to further technical corrections if buying momentum fails to sustain.

Key catalysts

  • Future price direction will likely be determined by upcoming EIA inventory reports, which are not currently available in this data set.
  • Market participants are monitoring OPEC and IEA publications for shifts in global supply or demand forecasts, though no specific updates were provided here.

Key risks

  • The primary risk is the continuation of the recent one-week downward trend, which could signal a deeper correction if it breaks through key technical support levels.
  • Geopolitical risks and supply chain disruptions remain inherent to the asset class, though no specific events are currently verified in this evidence window.

Upcoming reports

  • Future price volatility will be influenced by scheduled EIA inventory releases and OPEC policy meetings, which are monitored events but not currently dated in this packet.
  • Market participants await further data on global demand trends from IEA reports to confirm if the year-to-date price strength is fundamentally supported.

Latest verified updates

  • The current price of 78.65 USD is verified via delayed futures data as of the retrieval timestamp.
  • No new official reports from the EIA, OPEC, or IEA were included in this evidence packet to provide context for the price movement.

Sources

Yahoo Finance delayed futures data

Last updated: