Commodities
WTI Crude Oil
West Texas Intermediate, the US crude oil benchmark, priced in dollars per barrel and delivered at Cushing, Oklahoma.
WTI Crude chart
- Proxy
- Commodity CFD
- Intraday · may be delayed
- TVC:USOIL
This chart uses TradingView's USOIL series (CFDs on WTI crude oil) as a proxy for NYMEX WTI crude futures (CL). It is a continuous price in US dollars per barrel; contract rolls can cause small jumps.
About the WTI Crude
West Texas Intermediate (WTI) is a light, sweet crude that serves as the main US oil benchmark. The NYMEX WTI futures contract (CL) is physically delivered at Cushing, Oklahoma and is one of the most actively traded commodity contracts in the world.
Brent crude, priced from North Sea grades, is the main international benchmark. WTI and Brent usually move together, with a spread that reflects transport costs and regional supply and demand.
Oil sits at the crossroads of geopolitics, OPEC+ production policy, global growth and inflation. It feeds directly into gasoline prices and headline CPI, which is why macro traders watch it even if they never trade it.
What moves WTI Crude
Common drivers. None of them determine price on their own.
- OPEC+ policy
- Production quotas and voluntary cuts or increases from OPEC+ members are a dominant supply-side driver.
- Inventories
- Weekly EIA data on crude and product stocks, refinery runs and production can move prices when they differ from expectations.
- Global demand
- Growth in the US, China and other large consumers drives demand. Weak PMI or GDP data can weigh on oil.
- Geopolitics
- Supply disruptions or threats in producing regions and shipping routes can add a risk premium quickly.
- The dollar
- Oil is priced in dollars, so currency moves can affect demand from non-US buyers.
WTI Crude trading hours
Regular schedules in US Eastern time unless noted. Holidays and early closes are not shown.
| Venue | Hours | Note |
|---|---|---|
| NYMEX WTI futures (CME Globex) | Sun–Fri 6:00 p.m. – 5:00 p.m. ET (daily 5:00–6:00 p.m. ET break) | — |
| Daily settlement window | 2:28–2:30 p.m. ET | — |
| EIA inventory report | Usually Wednesday 10:30 a.m. ET | Shifts after US holidays |
Official price history
Daily spot data published by the US Energy Information Administration.
$/bbl · last 10 years
Show recent data
| Date | Value ($/bbl) |
|---|---|
| Oct 6, 2026 | 96.24 |
| Sep 29, 2026 | 96.16 |
| Sep 22, 2026 | 96.41 |
| Sep 15, 2026 | 107.02 |
| Sep 8, 2026 | 94.21 |
| Aug 31, 2026 | 87.03 |
| Aug 24, 2026 | 86.34 |
| Aug 17, 2026 | 86.04 |
| Aug 10, 2026 | 83.76 |
| Aug 3, 2026 | 81.96 |
| Jul 27, 2026 | 84.25 |
| Jul 20, 2026 | 84.38 |
Economic events that matter for WTI Crude
Why each release can move this market. Reactions depend on the surprise versus expectations and on the backdrop.
| Event | Why it can matter for WTI Crude |
|---|---|
| ISM Mfg Next: | Factory activity is a proxy for industrial fuel demand, and crude can react to growth signals in the survey — though supply news (OPEC+, inventories) usually dominates oil's moves. |
| GDP Next: | Oil demand rises and falls with economic activity, so a growth surprise can shift demand expectations; the US is only one part of global consumption, which limits the effect of a single report. |
| CPI Next: | Causation mostly runs the other way — gasoline and energy prices drive headline CPI — but a hot report that lifts the dollar and rate expectations can weigh on dollar-priced crude. |
Also scheduled: The weekly EIA Petroleum Status Report (usually Wednesdays, 10:30 a.m. ET) and OPEC+ meetings often matter more for crude than US macro data. Neither is covered on this site.
WTI Crude FAQ
What are crude oil futures trading hours?
NYMEX WTI futures trade on CME Globex from Sunday 6:00 p.m. to Friday 5:00 p.m. ET, with a daily 5:00–6:00 p.m. ET break. The daily settlement price is determined between 2:28 and 2:30 p.m. ET.
When is the EIA crude inventory report?
The EIA Weekly Petroleum Status Report is normally released on Wednesdays at 10:30 a.m. ET. It is delayed by a day in weeks with a Monday federal holiday.
What is the difference between WTI and Brent?
WTI is a US crude delivered at Cushing, Oklahoma and traded mainly on NYMEX. Brent is the international benchmark based on North Sea crudes and traded mainly on ICE. They typically move together, with a spread driven by quality, location and transport.