Cl futures tick value this week’s price action shows WTI

This week’s price action shows WTI crude holding between $77.80 and $79. A bipartisan bill in Congress aimed at imposing further sanctions on Russia gained traction last week but has yet to secure Trump’s full backing. The measure is seen as an attempt to bring Moscow to the negotiating table in good faith. Connect with a member of our expert Energy team for more information about our products. The current "CL futures tick value" remains $10 per tick, with prices fluctuating around $78.50 per barrel in early trading. Traders are watching EIA inventory data closely, as a surprise build could pressure short-term crude prices. Given rising geopolitical tensions in the Middle East, volatility metrics suggest a potential 3% daily swing.