WTI Crude Price

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WTI Crude

June 10, 2019
53.33
   0.62 Dollar per Barrel
 
 
 
WTI - Cushing, Oklahoma;   Source: EIA
Crude Oil Prices

Brent Crude

64.31
 
0.21
June 10, 2019

WTI Crude

53.33
 
0.62
June 10, 2019
 
 

OPEC Basket

61.01
 
1.55
June 12, 2019

Indian Basket

77.88
 
5.35
Sep 2018
Source: EIA, OPEC, PPAC

Chart of WTI Crude Prices - Daily/ Weekly/ Monthly/ Yearly

Source: The U. S. Energy Information Administration

WTI Crude Prices

WTI Crude price on June 10, 2019 stood at 53.33 Dollar per Barrel. This represents a decrease in the price of WTI Crude by 0.62 Dollar per Barrel from it's last day price of US$53.95/barrel on Jun 07, 2019.

In the 52 week period, the price of WTI Crude touched a high of 77.41 Dollar per Barrel on Jun 27, 2018 and recorded a low of 44.48 Dollar per Barrel on Dec 27, 2018.

WTI Crude Price Comparision

Price Week
ago
Month
ago
1 Year
ago
5 Years
ago
10 Years
ago
53.33
10 Jun 2019
53.25
3 Jun 2019
61.65
10 May 2019
65.77
8 Jun 2018
105.02
10 Jun 2014
71.38
10 Jun 2009
Dollar per Barrel

WTI Crude Daily Price Trend

WTI Crude
DATE PRICE CHANGE % CHANGE
Jun 10, 2019 53.33 -0.62   1.15%
Jun 07, 2019 53.95 +1.36   2.59%
Jun 06, 2019 52.59 +1.02   1.98%
Jun 05, 2019 51.57 -1.93   3.61%
Jun 04, 2019 53.50 +0.25   0.47%
Jun 03, 2019 53.25 -0.24   0.45%
May 31, 2019 53.49 -2.98   5.28%
  (Dollar per Barrel) Source: EIA

WTI Crude Monthly Average Price Trend

WTI Crude Monthly Average Price Trend Chart

WTI Crude Yearly  Average  Price  Trend

WTI Crude Yearly Average Price Trend


WTI Crude Oil

West Texas Intermediate (WTI) is the primarily benchmark for crude oil trade in the U.S, i.e., crude oil sales into the US are usually priced in relation to WTI. WTI is a light crude oil, with an API gravity of around 39.6 and specific gravity of about 0.827, which is lighter than Brent crude. It contains about 0.24% sulfur thus is rated as a sweet crude oil (having less than 0.5% sulfur), sweeter than Brent which has 0.37% sulfur.

As per EIA, West Texas Intermediate (WTI - Cushing) is a crude stream produced in Texas and southern Oklahoma which serves as a reference or "marker" for pricing a number of other crude streams and which is traded in the domestic spot market at Cushing, Oklahoma.

It is the underlying commodity of New York Mercantile Exchange's oil futures contracts. In March 1983, the New York Mercantile Exchange (NYMEX) started trading of crude oil futures in domestic light sweet crude at Cushing Oklahoma. It was decided that the New York Mercantile's delivery point would be Cushing, Oklahoma, near Tulsa, where all major transcontinental oil pipelines converge.


Volatility in WTI Crude Prices

  Last 30 Days Last 6 Mths Last 1 Year
Min 51.57 44.48 44.48
Max 63.12 66.24 77.41
Average 58.02 56.72 61.89
Volatility    6.79%    9.49% 12.73%
(Dollar per Barrel)

  • For decades the American people have had an addiction to oil and gas.

  • ~ Lee H. Hamilton


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Historical Price of
 in

Select Date

WTI Crude
(Dollar per Barrel)

53.33

DATE PRICE   CHANGE
Jun 10, 2019     53.33        0.62
Jun 07, 2019     53.95        1.36
Jun 06, 2019     52.59        1.02
Jun 05, 2019     51.57        1.93
Jun 04, 2019     53.50        0.25
Jun 03, 2019     53.25        0.24
May 31, 2019     53.49        2.98
May 30, 2019     56.47        2.37
May 29, 2019     58.84        0.07
May 28, 2019     58.91        0.51
May 27, 2019     58.40        0.00
May 24, 2019     58.40        0.75
May 23, 2019     57.65        3.77
May 22, 2019     61.42        1.60
May 21, 2019     63.02        0.10
May 20, 2019     63.12        0.35
May 17, 2019     62.77        0.16
May 16, 2019     62.93        0.90
May 15, 2019     62.03        0.21
May 14, 2019     61.82        0.85
May 13, 2019     60.97        0.68
May 10, 2019     61.65        0.07
May 09, 2019     61.58        0.55
May 08, 2019     62.13        0.72
May 07, 2019     61.41        0.89
May 06, 2019     62.30        0.32
May 03, 2019     61.98        0.23
May 02, 2019     61.75        1.80
May 01, 2019     63.55        0.28
Apr 30, 2019     63.83        0.44