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?

Escalating Middle East tensions, including Iran's continued blockade of the Strait of Hormuz and attacks on shipping, are supporting WTI crude prices as traders factor in potential supply disruptions. Airlines are scrambling for jet fuel amid the prolonged disruption, while prices pulled back from daily highs as investors await clarity on when the strait might reopen. The stalemate in negotiations keeps the market on edge.

Updated 7 min. ago

Latest news

Middle East live: Houthis launch deadly strike on port city of Mocha in Yemen
www.france24.com · 7 hr. ago
U.S. reaffirms grip on Hormuz blockade, turning away 55 ships as talks stall
www.cnbc.com · 8 hr. ago
Middle East crisis live: Hormuz will stay closed until US ‘accepts all our conditions’, say Iran’s Revolutionary Guards
www.theguardian.com · yesterday
Airlines Scramble for Jet Fuel as Hormuz Disruption Drags On
oilprice.com · 2 days ago
WTI comes off from day’s high as investors seeks clarity on Hormuz reopening
www.fxstreet.com · 4 hr. ago
Oil Prices Climb and Stocks Dip on Stalemate in Iran War
www.nytimes.com · 14 hr. ago
U.A.E. Says Iran Attacked One of Its Ships in Hormuz
www.wsj.com · 2 days ago
Oil: Strait risk and cautious positioning – ING
www.fxstreet.com · 20 min. ago

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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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Not investment advice. For informational purposes only.

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