Get the latest Crude Oil price (CL:NMX) as well as the latest futures prices and other commodity market news at Nasdaq. News Headlines LIVE; Showing chart data for 1 month. Feb 06, 2020. About Crude Oil. Crude oil is often referred to as Light Sweet Crude and WTI Oil or CL on futures exchanges. In its raw form when freshly extracted the color of Crude Oil can vary from black to dark brown, even with a slight red or green hint. The primary use of Crude Oil is for production of fuel oils and gasoline and since the 1900’s has become Real-time exchange rate quote of WTI Crude including detailed information, live chart and news, profile and other market data.