WTI Crude Price
Chart of WTI Crude Prices - Daily/ Weekly/ Monthly/ Yearly
WTI Crude Prices
WTI Crude price on August 12, 2019 stood at 54.98 Dollar per Barrel. This represents an increase in the price of WTI Crude by 0.57 Dollar per Barrel from it's last day price of US$54.41/barrel on Aug 09, 2019.
In the 52 week period, the price of WTI Crude touched a high of 76.40 Dollar per Barrel on Oct 03, 2018 and recorded a low of 44.48 Dollar per Barrel on Dec 27, 2018.
WTI Crude Price Comparision
12 Aug 2019
5 Aug 2019
12 Jul 2019
10 Aug 2018
12 Aug 2014
12 Aug 2009
|Dollar per Barrel|
WTI Crude Daily Price Trend
|Aug 12, 2019||54.98||+0.57||1.05%|
|Aug 09, 2019||54.41||+1.81||3.44%|
|Aug 08, 2019||52.60||+1.46||2.85%|
|Aug 07, 2019||51.14||-2.46||4.59%|
|Aug 06, 2019||53.60||-1.03||1.89%|
|Aug 05, 2019||54.63||-1.04||1.87%|
|Aug 02, 2019||55.67||+2.03||3.78%|
|(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)