WTI crude oil spot price
WTI (West Texas Intermediate) is the benchmark U.S. crude oil, priced for delivery at Cushing, Oklahoma. It anchors North American crude markets and feeds through to gasoline and other product prices, and to inflation.
Key points
- The benchmark U.S. crude oil (delivery at Cushing)
- Anchors North American crude — upstream of product prices
- Moves with supply/demand, geopolitics, inventories, the dollar
- The spread vs Brent is also watched
How to read it
Read in $/barrel. Driven by global supply/demand, geopolitics, inventories, and the dollar. WTI is the North American benchmark and Brent the international one; the WTI–Brent spread is also watched. Higher crude tends to lift inflation via gasoline and logistics costs.
Trend
Year by year
Prices (USD per barrel) from Jul 30, 2021 to Sep 25, 2026, grouped by calendar year.
| Year | Average | Year-end | High | Low |
|---|---|---|---|---|
| 2026 (months 1–9) | $84.39 | $93.57 | $105.67 | $57.54 |
| 2025 | $65.58 | $58.01 | $79.28 | $56.30 |
| 2024 | $76.60 | $70.51 | $86.50 | $68.38 |
| 2023 | $77.55 | $73.52 | $91.44 | $69.33 |
| 2022 | $94.89 | $79.23 | $120.43 | $73.06 |
| 2021 (months 7–12) | $74.14 | $76.05 | $83.84 | $65.05 |
Recent trend （Unit：USD per barrel）
- 2026-09-2593.57
- 2026-09-18103.54
- 2026-09-1199.08
- 2026-09-0491.18
- 2026-08-2884.62
- 2026-08-2187.35
- 2026-08-1484.05
- 2026-08-0778.94
- 2026-07-3184.51
- 2026-07-2488.58
- 2026-07-1780.77
- 2026-07-1072.26
FAQ
WTI crude oil spot price: what is the latest price?
Why do crude prices matter?
Sources (primary)
This article is an independent summary based on the official U.S. data below. Please verify the latest and exact details with the official sources.
- EIA (official data page)
- Source：U.S. EIA
Source: U.S. Energy Information Administration (EIA). This site is not endorsed or certified by the EIA and does not use the EIA logo.