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The current price of West Texas Intermediate (WTI) crude oil today is $64.10 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below. Jan 28, 2026 · Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector. | Page 1 1 day ago · Crude oil prices were set for their first weekly decline since the start of the year as the risk of a direct military confrontation between the United States and Iran. 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. 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 7, 2025 · Oil prices fell due to concerns about President Trump's tariffs and potential global recession, with West Texas Intermediate crude briefly dipping below $60 per barrel. Dec 9, 2025 · Oil prices are set to average below $60 per barrel next year, investment banks have said in their latest forecasts in recent weeks. Nov 22, 2025 · The IEA’s new outlook projects rising oil demand through 2050, reflecting stalled climate commitments, surging power needs from AI, and continued global reliance on fossil fuels. Jul 30, 2025 · Oil prices rose to multi-week highs as geopolitical tensions, U.S. tariff threats on Russian oil, and anticipation of key economic data drove market volatility.