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$70.16 per barrel
- WTI futures traded at $70.16 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 4.47%.
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What is the price of West Texas Intermediate (WTI) crude oil?
What is West Texas Intermediate (WTI)?
What is the difference between WTI and Brent crude oil?
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6 days ago · View the daily price of the crude stream traded at Cushing, Oklahoma, which is used as a benchmark in oil pricing.
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- What Is West Texas Intermediate (WTI)?
- Understanding West Texas Intermediate
- West Texas Intermediate as An Oil Market Benchmark
- The Bottom Line
West Texas Intermediate (WTI) is a grade of crude oil and one of the main three benchmarks in oil pricing, along with Brent and Dubai Crude. WTI is considered a high-quality oil that is relatively easy to refine. WTI is known as a light sweet oil. It contains less than 0.50% sulfur, whereas the norm is about 0.24% to 0.34%, making it "sweet." It al...
WTI is the main oil benchmark for North America, as it is sourced from the United States. It originates mainly in the Permian Basin, the site of the nation's highest-producing oil field. The oil travels via pipeline from Texas to refineries in the Midwest and the Gulf of Mexico. The main delivery point for physical exchange and price settlement for...
A benchmark in the oil market serves as a reference price for buyers and sellers of crude oil. Oil benchmarks are frequently referred to in the media as the price of oil. Brent crudeand WTI crude are the most popular benchmarks, but their prices are often contrasted. The difference in price between Brent and WTI is called the Brent-WTI spread. WTI ...
West Texas Intermediate is a high-quality crude oil sourced in West Texas. As one of the world's foremost sources of crude oil, WTI is a benchmark for the U.S. oil industry and investors. When you hear a reference to crude oil prices in a business report, it's the price of West Texas Intermediate that is being quoted.
Live interactive chart of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel. The current price of WTI crude oil as of September 23, 2024 is 70.48 per barrel.
Two major benchmarks for pricing crude oil are the United States' WTI (West Texas Intermediate) and United Kingdom's Brent. The differences between WTI and Brent include not only price but oil type as well, with WTI producing crude oil with a different density and sulfur content.
Sep 5, 2024 · Graph and download economic data for Spot Crude Oil Price: West Texas Intermediate (WTI) (WTISPLC) from Jan 1946 to Aug 2024 about WTI, crude, oil, price, and USA.
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WTI Crude Oil Spot Price is the price for immediate delivery of West Texas Intermediate grade oil, also known as Texas light sweet. It, along with Brent Spot Price, is one of the major benchmarks used in pricing oil. WTI in particular is useful for pricing any oil produce in the Americas.
23 hours ago · What is today’s WTI crude oil price? Today’s live Brent crude oil spot price is at $ 68.64 per barrel. That’s down by 2.95% from the price of $ 70.73 per barrel one week ago. WTI crude oil trades from Sunday through to Friday, 5 PM to 4 PM CT.
