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The contract is for 1,000 US barrels, or 42,000 US gallons, of WTI crude oil, the minimum tick size of the contract is $0.01 per barrel ($10 for contract), and the contract price is quoted in US dollars. [5] Monthly contracts are available for the current year, the following 10 calendar years, and 2 additional months.
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
After Saudi Arabia promised further production cuts, WTI reached $51.28 on January 7 and Brent climbed as high as $54.90, the highest since before COVID-19. [36] On January 14, a weaker dollar and an expected COVID-19 relief package helped oil move slightly higher, with WTI at $53.57 and Brent at $56.42, though Europe was experiencing more lockdowns and China had a higher number of COVID-19 ...
Based on this week’s price action, the direction of the January WTI Crude Oil futures contract the rest of the week is likely to be determined by the uptrending Gann angle/Fibonacci support ...
Current events; Random article; About Wikipedia; Contact us; Contribute Help; Learn to edit; Community portal; ... File:WTI crude oil prices in recent 10 years.svg.
Since U.S. WTI Midland crude oil transactions joined the dated Brent price assessment a year ago, U.S. oil exports have overshadowed the role of Cushing as a storage and pricing hub, traders and ...
WTI crude oil futures settled at their lowest level since January 25 on Tuesday as energy prices continue to moderate.
Both WTI and Brent crude began the year above $60 for the first time since 2014. [146] With U.S. inventories the lowest in three years, and cold weather decreasing U.S. production, oil reached its highest price since December 2014 in mid-January. On January 15, Brent crude reached $70.37, and the next day, WTI hit $64.89.