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Crude Oil Jan 27 (CLF27.NYM)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
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54.00+1.02 (+1.93%)
As of 09:12AM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2026-12-21
Last Price52.98
Day's Range54.00 - 54.00
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  • Reuters

    Oil prices mixed as Hurricane Ian output cuts support, dollar weighs

    Oil prices were mixed in early Asian trade on Wednesday as support from U.S. production cuts caused by Hurricane Ian contended with crude storage builds and a strong dollar. Brent crude futures fell 4 cents, or 0.1%, to $86.23 per barrel by 0022 GMT, while U.S. West Texas Intermediate (WTI) crude futures were up 22 cents at $78.03 per barrel. Producers began returning workers to offshore oil platforms after shutting in output ahead of Hurricane Ian, which entered the U.S. Gulf of Mexico on Tuesday and is forecast to become a dangerous Category 4 storm over the warm waters of the Gulf.