WTI Crude Oil news & analysis
West Texas Intermediate (WTI) is the main US crude oil benchmark, quoted in US dollars per barrel.
The reading
The news
Moderate bullish impulse
Priced in
Partly priced in
What follows
The move still has room
Reading as of . Research context, not investment advice. It never tells you what to trade.
How a reading is madeWhy is WTI up or down today?
WTI has been trading in the $91.50 to $94 range, recently settling at $94.14 and touching a two-week high. The moves follow escalating Middle East hostilities, including Saudi attacks and reported booms near Aramco HQ in Dhahran, which have raised supply risks at a time of an OPEC demand rebound. Those supply concerns have at times been offset by Russian diesel inflows, with Brent holding near $106.
Updated
Latest news
Wednesday, October 14
Tuesday, October 13
Upcoming economic events
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, October 14 | ||
| CPI y/y | 1.0% | CNY |
| PPI y/y | 4.4% | CNY |
| Trade Balance | 790B | CNY |
| USD-Denominated Trade Balance | 116.8B | CNY |
| BOC Gov Macklem Speaks | CAD | |
| M2 Money Supply y/y | 7.4% | CNY |
| New Loans | 1025B | CNY |
| FOMC Member Bowman Speaks | USD | |
Day by day
82 days on record since July 22, 2026. Each column is one day: the bar is its headlines, the mark is the reading at its close.
Recent days
- Tue, Oct 13Bullish12 headlines. WTI has seen choppy trading near the $90 to $94 level as Middle East tensions compete with Russian diesel supplies for influence.
- Mon, Oct 12Bullish21 headlines. WTI has seen choppy trading as attacks in the Middle East, including Saudi attacks, spread and escalated, stoking supply fears and lifting oil prices, with WTI reaching a two-week high while Brent topped $106 and OPEC pointed to a demand rebound.
- Sun, Oct 11Bullish20 headlines. WTI is in focus after attacks on tankers and shipping in the Strait of Hormuz spread across the Gulf, including a supertanker hitting a mine and additional tankers hit as U.S. strikes and warnings over transits add to tensions.
- Sat, Oct 10Neutral16 headlines. WTI is trading near $89.50 as traders weigh US-Iran tensions and supply risks.
- Fri, Oct 9Neutral13 headlines. WTI crude has moved higher, at one point rising above $90.00, as reports of Iran-related strike fears and attacks on tankers around Hormuz coincided with hurricane-related production shut-ins in the U.S. Gulf.
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.
Not investment advice. For informational purposes only.