Market views· Commodities
Commodities
WTI Crude Oil
West Texas Intermediate (WTI) is the primary benchmark for US crude oil, traded on the NYMEX division of the CME Group.
Updated nowCL1
$88.9518+0.04+0.04%Prev Close $88.9141
Performance
1D
+0.04%
1W
−2.53%
1M
−12.47%
3M
+4.63%
6M
−14.50%
YTD
+54.91%
1Y
+48.04%
Price Chart
Macro Correlations
Correlation of daily returns, −1 to +1
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Key Statistics
- Prev Close
- $88.9141
- 52W Range
- $55.3258 – $115.9895
- YTD Return
- +54.91%
- 1Y Return
- +48.04%
52W Range
At 55% of the range
Low $55.3258High $115.9895
Related ETFs
- US Oil Fund ETFUSO$145.580.00%
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About
West Texas Intermediate (WTI) is the primary benchmark for US crude oil, traded on the NYMEX division of the CME Group. WTI is a light, sweet crude with an API gravity of about 39.6° and sulfur content below 0.5%, making it ideal for gasoline refining. Delivery point is Cushing, Oklahoma — a major pipeline hub that connects Gulf Coast refineries with Midwest and Canadian supply. WTI prices are driven by OPEC+ production decisions, US shale output, strategic petroleum reserve releases, and global demand cycles. The WTI-Brent spread reflects regional supply-demand dynamics and transportation constraints.