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.

NewsPips AI

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?

Tensions in the Strait of Hormuz have escalated sharply, with Iranian attacks on vessels and US threats of a blockade disrupting shipping in the key oil chokepoint. These developments have heightened supply risk, pushing WTI crude toward a 4% weekly gain as the market prices in potential supply disruptions.

Updated 2 hr. ago

Latest news

Donald Trump to declare Hormuz US territory 'soon'
www.dw.com · 23 hr. ago
Oil to open higher as US strikes on Iran boost supply risk premium
boereport.com · 419 days ago
UAE says Iran attacked ADNOC vessel in Hormuz, urges Iran to halt attacks, reopen waterways
www.jpost.com · 7 hr. ago
Oil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags On
oilprice.com · 2 days ago
US threatens ‘indefinite’ blockade against Iran: How long can it last?
www.aljazeera.com · yesterday
US oil rigs rise to 455 as Strait of Hormuz attacks halt traffic
www.investing.com · yesterday
Iranian Attacks Push Hormuz Shipping Toward Tehran-Controlled Route
gcaptain.com · yesterday
Fallout Spreads Across the Middle East as the Iran War Grinds On
oilprice.com · yesterday

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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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