WTI (West Texas Intermediate) is the US benchmark for light, sweet crude oil, priced for delivery at Cushing, Oklahoma and traded as the NYMEX CL futures contract. It is one of the two most-watched global oil benchmarks alongside Brent; the Brent–WTI spread reflects transport, quality and regional supply differences.
As of the 2026-07-24 close, WTI Crude traded at 89.31 USD / bbl. The chart above overlays the live intraday quote during market hours.
Over the last 52 weeks, WTI Crude has traded between a low of 55.27 and a high of 112.95 USD / bbl (daily closing prices).
WTI Crude is up 55.8% year-to-date in 2026, moving from 57.32 at the start of the year to 89.31 USD / bbl as of 2026-07-24.
WTI (West Texas Intermediate) is the US benchmark for light, sweet crude oil, priced for delivery at Cushing, Oklahoma and traded as the NYMEX CL futures contract. It is one of the two most-watched global oil benchmarks alongside Brent; the Brent–WTI spread reflects transport, quality and regional supply differences.
WTI is a landlocked US crude priced at Cushing, Oklahoma, while Brent is a waterborne North Sea benchmark that prices most internationally traded cargoes. Brent usually trades at a premium of a few dollars per barrel, reflecting transport costs and regional supply-demand differences. Both are light, sweet crudes.
The biggest drivers are OPEC+ production decisions, US shale output and rig activity, weekly EIA inventory reports (especially crude stocks at Cushing), the strength of the US dollar, and geopolitical supply risks. A larger-than-expected inventory build is typically bearish; a draw is bullish.