West Texas Intermediate (WTI) is the primary US crude-oil benchmark, quoted in US dollars per barrel and delivered at Cushing, Oklahoma.

What moves WTI prices?

WTI is driven mainly by US and global supply and demand, OPEC+ decisions, US inventory and rig-count data, geopolitical risk, and the US dollar.

How does WTI differ from Brent?

WTI reflects US crude priced inland at Cushing, Oklahoma, while Brent is the international seaborne benchmark; the Brent–WTI spread reflects quality, location, and transport costs.

WTI Crude Oil news & analysis

West Texas Intermediate (WTI) is the main US crude oil benchmark, quoted in US dollars per barrel.

Why is WTI up or down today?

WTI crude has fallen for a fourth day, snapping a two-week winning streak to trade near $93.50 and below $94.00. The move reflects easing Middle East supply fears amid hopes for U.S.-Iran diplomacy, with resilient Saudi exports and reports of higher Saudi crude supplies keeping overall crude flows surprisingly strong. This matters for WTI because lower supply concern reduces the risk premium in prices, even as Saudi Aramco halted crude supply to European customers.

Updated Sep 21, 19:34 UTC

Latest news

WTI Oil extends losing streak as resilient Saudi exports outweigh Middle East risk premium
www.fxstreet.com · Sep 21, 16:06 UTC
Oil extends decline amid U.S.-Iran diplomacy hopes
www.hellenicshippingnews.com · Sep 21, 10:01 UTC
WTI Oil dips below $94.00 amid reports of higher Saudi crude supplies
www.fxstreet.com · Sep 21, 09:41 UTC
Oil Prices Fall for Fourth Day as Supply Concerns Ease
www.wsj.com · Sep 21, 08:53 UTC
Oil falls as crude flows remain 'surprisingly strong'
www.cnbc.com · Sep 21, 02:17 UTC
WTI falls to near $93.50 as Middle East diplomacy hopes ease supply fears
www.fxstreet.com · Sep 21, 02:06 UTC
Saudi Aramco halts crude oil supply to European customers
www.hellenicshippingnews.com · Sep 20, 21:02 UTC
Oil prices snap two-week winning streak on easing Middle East supply fears
www.hellenicshippingnews.com · Sep 20, 21:00 UTC

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Frequently asked questions

What is WTI crude?: West Texas Intermediate (WTI) is the primary US crude-oil benchmark, quoted in US dollars per barrel and delivered at Cushing, Oklahoma.
What moves WTI prices?: WTI is driven mainly by US and global supply and demand, OPEC+ decisions, US inventory and rig-count data, geopolitical risk, and the US dollar.
How does WTI differ from Brent?: WTI reflects US crude priced inland at Cushing, Oklahoma, while Brent is the international seaborne benchmark; the Brent–WTI spread reflects quality, location, and transport costs.
Why is WTI up or down today?: WTI moves day to day on US and global supply-and-demand news, OPEC+ decisions, inventory data and geopolitical headlines. The section at the top of this page covers today's specific driver as it develops.

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Not investment advice. For informational purposes only.