WTI oil price today live in dollars per barrel: 24-hour change, 7- and 30-day chart, highs and lows, and what moves crude.
Último precio: 87.80 (-1.4 % en 24 horas), dato de 15 November at 03:00 UTC.
Unit: US dollars per barrel (159 litres) of West Texas Intermediate crude.
Indicative market prices, not tradable quotes.
WTI (West Texas Intermediate) is the benchmark crude in the United States and is quoted in dollars per barrel, a unit of about 159 litres. Together with Brent, the European benchmark, it is the main indicator of the global oil price.
The price depends mainly on the balance between supply and demand: OPEC+ production decisions, US shale output, the weekly inventories published by the EIA, growth in China and the global economy, and conflicts in producing regions.
The barrel price feeds through with a lag to petrol and diesel prices, which also include taxes, refining and distribution. A strong dollar tends to make oil more expensive for the rest of the world and dampen demand.
They are two benchmark crudes. WTI is produced in the US and delivered at Cushing (Oklahoma); Brent comes from the North Sea and is the European benchmark. Brent usually trades a few dollars above WTI.
A barrel equals 42 US gallons, about 158.99 litres.
OPEC+ production decisions, US inventories, demand from China and the rest of the world, the value of the dollar and geopolitical conflicts in producing regions.
We show indicative market prices, updated live, for information purposes. Each broker or bureau de change applies its own spread, commissions and liquidity sources, so its trading quote may vary slightly. Before buying, selling or exchanging currencies, always check your provider's price.