Crude Oil WTI (USOUSD) Price Today — Live Chart and Analysis

WTI (West Texas Intermediate) is the main US benchmark for crude oil. It is priced at the Cushing Hub in Oklahoma. WTI is a light sweet crude oil, meaning it has low sulphur content and is easier to refine than many other oil types. Compared to Brent, WTI is slightly lighter and usually trades at a $2–$5 discount, although the price gap can grow during geopolitical events that affect global supply. One NYMEX WTI futures contract equals 1,000 barrels of oil.

Buy price

87.518

Sell price

87.498

Crude Oil WTI chart

Price Performance

1 week
-4.37% -4.37%
1 month
-7.67% -7.67%
YTD
-0.46% -0.46%
Year
+30.11% +30.11%
5 years
+142.04% +142.04%

Information regarding past performance is not a reliable indicator of future performance.

Analysis

WTI rose sharply from around $62 per barrel at the start of 2026 to over $110 after US-Israeli strikes on Iran led to the closure of the Strait of Hormuz. By mid-May 2026, WTI was still up around 65% for the year, helped by reports that several supertankers had passed through the Strait again, suggesting a partial reopening. Comments from Donald Trump in late May about being in the “final stages” of negotiations with Iran also increased market volatility, with WTI often moving $3–5 in a single session. Over the last 52 weeks, prices have ranged from about $55 to above $115 per barrel. The EIA expects WTI to average around $106 in Q2 before falling closer to $89 by Q4 if shipping through Hormuz returns to normal. At the same time, the IEA warns that global oil inventories are dropping quickly and supply could remain tight through October. US crude inventories have declined for four straight weeks, while the Strategic Petroleum Reserve has been reduced by 10 million barrels. High oil prices are also encouraging more US shale production, especially in the Permian Basin, where production costs are estimated at around $45–50 per barrel. Right now, WTI prices are being driven mainly by geopolitics — especially the situation around the Strait of Hormuz and negotiations between the US and Iran.

How can I buy Crude Oil WTI?

  • 1

    Sign up

    Create an account and complete a quick verification.

  • 2

    Deposit funds

    Add money to your wallet via card, bank transfer, or crypto.

  • 3

    Trade

    Choose USOUSD, set the amount, and click buy or sell — that’s it!

Crude Oil WTI

USOUSD

87.508

+0.95%

Instrument CFD

Top gainers

Top losers

FAQ

Everything you need to know