WTI Crude Price

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WTI Crude

February 11, 2019
52.43
   0.32 Dollar per Barrel
 
 
 
WTI - Cushing, Oklahoma;   Source: EIA
Crude Oil Prices

Brent Crude

61.30
 
0.07
February 11, 2019

WTI Crude

52.43
 
0.32
February 11, 2019
 
 

OPEC Basket

61.88
 
0.48
February 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 February 11, 2019 stood at 52.43 Dollar per Barrel. This represents a decrease in the price of WTI Crude by 0.32 Dollar per Barrel from it's last day price of US$52.75/barrel on Feb 08, 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
52.43
11 Feb 2019
54.57
4 Feb 2019
51.44
11 Jan 2019
59.20
9 Feb 2018
99.96
11 Feb 2014
35.93
11 Feb 2009
Dollar per Barrel

WTI Crude Daily Price Trend

WTI Crude
DATE PRICE CHANGE % CHANGE
Feb 11, 2019 52.43 -0.32   0.61%
Feb 08, 2019 52.75 +0.07   0.13%
Feb 07, 2019 52.68 -1.26   2.34%
Feb 06, 2019 53.94 +0.25   0.47%
Feb 05, 2019 53.69 -0.88   1.61%
Feb 04, 2019 54.57 -0.72   1.30%
Feb 01, 2019 55.29 +1.45   2.69%
  (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 50.31 44.48 44.48
Max 55.29 76.40 77.41
Average 52.91 60.60 63.90
Volatility    2.12% 15.40% 12.21%
(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)

52.43

DATE PRICE   CHANGE
Feb 11, 2019     52.43        0.32
Feb 08, 2019     52.75        0.07
Feb 07, 2019     52.68        1.26
Feb 06, 2019     53.94        0.25
Feb 05, 2019     53.69        0.88
Feb 04, 2019     54.57        0.72
Feb 01, 2019     55.29        1.45
Jan 31, 2019     53.84        0.34
Jan 30, 2019     54.18        1.11
Jan 29, 2019     53.07        1.28
Jan 28, 2019     51.79        1.74
Jan 25, 2019     53.53        0.59
Jan 24, 2019     52.94        0.50
Jan 23, 2019     52.44        0.15
Jan 22, 2019     52.59        0.76
Jan 21, 2019     51.83        1.77
Jan 18, 2019     53.60        1.77
Jan 17, 2019     51.83        0.25
Jan 16, 2019     52.08        0.28
Jan 15, 2019     51.80        1.49
Jan 14, 2019     50.31        1.13
Jan 11, 2019     51.44        0.98
Jan 10, 2019     52.42        0.23
Jan 09, 2019     52.19        2.61
Jan 08, 2019     49.58        1.31
Jan 07, 2019     48.27        0.51
Jan 04, 2019     47.76        0.84
Jan 03, 2019     46.92        0.61
Jan 02, 2019     46.31        1.16
Dec 28, 2018     45.15        0.67