WTI crude oil price

WTI crude oil, sometimes referred to as “American light crude,” is defined by its delivery point at the Cushing trading hub in Oklahoma, United States. It is classified as a light, sweet crude oil, with a density of 827 kg/m³, equivalent to 39.6° API, and a sulphur content of 0.37%.

The live WTI crude oil prices shown below are exchange-traded prices for financially settled futures contracts. Trading in each monthly contract ends on the fourth business day before the 25th calendar day of the month preceding the delivery month. For example, the March 2023 contract, identified as Mar23, was last traded on 21 February 2023.

In 2026, the average price of the reference WTI crude oil contract is 81.67 USD/Barel (1,732 CZK/Barel).

Current price
71.84 USD/Barel

Previous price: 72.08 USD/Barel

Daily change
-0.33 %

-0.24 USD/Barel

Monthly change
-20.2 %

-18.19 USD/Barel

Yearly change
7.92 %

5.27 USD/Barel

WTI crude oil price [USD/Barel]

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Questions and answers

Q

What is the current WTI crude oil price?

A

The current WTI crude oil price on the exchange is 71.84 USD/Barel (1,524 CZK/Barel). This is a futures contract with physical delivery next month and the option of financial settlement.

Q

What is the difference between WTI and Brent crude oil?

A

Both types of oil belong to the light and sweet category, i.e. they have a relatively low density and low sulphur content (WTI has a slightly lower density and sulphur content). Unlike Brent, WTI has a precisely specified delivery point (the town of Cushing in Oklahoma, USA).