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The current price of West Texas Intermediate (WTI) crude oil today is $58.04 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.

2 days ago · Shell and INEOS Energy have struck oil at a deepwater exploration well in the U.S. Gulf of Mexico, confirming a new discovery in the high-pressure Norphlet formation.

Mar 26, 2025 · Oil prices reached a three-week high due to decreased U.S. inventories and concerns about tighter supply resulting from sanctions against Iran and Venezuela.

Jul 14, 2025 · Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer.

Crude oil price analysis and research that covers crude oil futures and oil price forecasts. We also look at events that cause oil price movements. | Page 1

Jun 22, 2025 · Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.

Apr 24, 2025 · Oil prices climbed on Thursday as investors considered potential OPEC+ output hikes and positive US-China trade talk developments.

Sep 11, 2020 · Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.