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  1. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale. The current month is updated on an hourly basis with today's latest value. The current price of WTI crude oil as of October 11, 2024 is $75.56 per barrel.

  2. Apr 13, 2022 · In April 2020, prices for a barrel of oil fell to an unprecedented negative oil price: around -$37/b in the United States for West Texas Intermediate (WTI) at Cushing and $9/b internationally for Brent oil.

    • Kimberly Amadeo
  3. WTI crude oil futures slumped 4.4% to $70.6 per barrel on Tuesday, after reports suggested that Israel might avoid targeting Iran’s oil infrastructure, alleviating fears of a major supply disruption in the region.

  4. Mar 20, 2023 · Since launching 40 years ago, WTI crude oil futures have gone from a nascent contract to a reliable global price benchmark, setting the agenda for the entire commodity suite. In that time, U.S. exports have gone from virtually zero to a current rate of over 4 million barrels per day.

  5. Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.

  6. May 12, 2023 · WTI Crude Oil futures have remained resilient in setting the price for oil for 40 years, through wars and economic downturns. Since it launched in 1983, WTI has become the global crude oil pricing benchmark.

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  8. Oct 1, 2024 · WTI Crude Oil Spot Price is at a current level of 77.76, up from 74.93 the previous market day and down from 82.83 one year ago. This is a change of 3.78% from the previous market day and -6.12% from one year ago.

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