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What is the current price of WTI oil?

What is the current price of WTI oil?

Oil Price Charts

Futures & Indexes Last Last Updated
WTI Crude 86.90 (3 Hours Delay)
Brent Crude 87.48 (3 Minutes Delay)
Natural Gas 3.847 (-235 seconds delay)
Heating Oil 2.649 (-11 seconds delay)

What is the price of oil by the barrel?

The current month is updated on an hourly basis with today’s latest value. The current price of WTI crude oil as of January 19, 2022 is $86.26 per barrel.

How do I buy WTI crude stock?

Investors can speculate on the price of oil directly by trading in oil derivatives or the USO exchange traded product, which tracks the price of WTI crude. Investors can also play the oil markets in a more indirect manner by investing in oil drillers and oil services companies, or ETFs that specialize in these sectors.

Where is WTI traded?

Cushing, Oklahoma
The main delivery point for physical exchange and price settlement for WTI is Cushing, Oklahoma.

What is the price of North Dakota crude oil?


Value from Last Month 66.98
Value from 1 Year Ago 35.02
Change from 1 Year Ago 116.5%
Frequency Monthly
Unit USD per Barrel

What is Nymex crude oil?

NYMEX crude is the exchange-traded contract for WTI on the NYMEX commodities exchange. There is both an active spot and futures market for NYMEX crude, which has helped to make it (along with Brent) one of the major crude oil benchmarks.

Where can I trade WTI oil?

New York Mercantile Exchange
The two most popular types are Brent Crude and West Texas Intermediate (WTI), which are traded on the Intercontinental Exchange (ICE) and New York Mercantile Exchange (NYMEX) respectively. They are used as benchmarks for global oil prices, as well as economic health.

Can I buy oil futures?

Buy Oil Futures Directly. Your first option is to buy and sell oil futures directly through a commodities exchange. Some of the most popular are the New York Mercantile Exchange (NYMEX) and the Chicago Mercantile Exchange (CME or CME Group). You can also purchase through a broker like TradeStation.

What is WTI crude oil?

WTI is a medium crude oil, with an API gravity of around 39.6 and specific gravity of about 0.827, which is lighter than Brent crude . The API rates Light oil as 41 Degrees API. WTI contains about 0.24% sulfur thus is rated as a sweet crude oil (having less than 0.5% sulfur), sweeter than Brent which has 0.37% sulfur.

What is WTI futures?

A WTI futures contract is the most liquid contract in the oil industry and is traded worldwide, which is what makes it so popular in the financial markets. WTI traders can be broken down into two main categories: hedgers and speculators.

What is oil market?

Oil Markets. The global oil market is the most important of the world energy markets because of oil’s dominant role as an energy source. Understanding how it works will also shed light on the functioning of energy markets more generally.