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West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX).
x-axis: year, begins with 2000 y-axis: price of crude oil in dollars per barrel, West Texas Intermediate benchmark full year range: File:Crude oil price WTI EIA.svg Date
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
At 13:23 GMT, September WTI crude oil futures are trading $52.24, down $1.39 or -2.57%. Crude Oil Price Update – Bullish EIA Data May Not Be Able to Stop Downside Momentum Skip to main content
Based on the early price action and the current price at $55.90, the direction of the November WTI crude oil futures contract the rest of the session on Wednesday is likely to be determined by ...
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If today’s EIA report is bearish then look for the selling to extend into $38.15 to $37.50. Crude Oil Price Update – Bearish EIA Report Could Trigger Break into $38.15 to $37.50 Skip to main ...
The current WTI contract was trading lower than the second month contract for the first time since 2021. [138] The next week was the third down week for both Brent, down nearly 5 percent to $83.63, and WTI, finishing almost 5 percent lower at $76.28. Brent joined WTI with second months trading at less than the front month due to oversupply.