WTI Crude Price
Chart of WTI Crude Prices - Daily/ Weekly/ Monthly/ Yearly
WTI Crude Prices
WTI Crude price on October 28, 2019 stood at 55.60 Dollar per Barrel. This represents a decrease in the price of WTI Crude by 0.92 Dollar per Barrel from it's last day price of US$56.52/barrel on Oct 25, 2019.
In the 52 week period, the price of WTI Crude touched a high of 67.00 Dollar per Barrel on Oct 29, 2018 and recorded a low of 44.48 Dollar per Barrel on Dec 27, 2018.
WTI Crude Price Comparision
28 Oct 2019
21 Oct 2019
27 Sep 2019
26 Oct 2018
28 Oct 2014
28 Oct 2009
|Dollar per Barrel|
WTI Crude Daily Price Trend
|Oct 28, 2019||55.60||-0.92||1.63%|
|Oct 25, 2019||56.52||+0.41||0.73%|
|Oct 24, 2019||56.11||+0.21||0.38%|
|Oct 23, 2019||55.90||+1.69||3.12%|
|Oct 22, 2019||54.21||+0.93||1.75%|
|Oct 21, 2019||53.28||-0.47||0.87%|
|Oct 18, 2019||53.75||-0.14||0.26%|
|(Dollar per Barrel)||Source: EIA|
WTI Crude Monthly 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.
For decades the American people have had an addiction to oil and gas.
~ Lee H. Hamilton
Historical Price of
(Dollar per Barrel)