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The current price of West Texas Intermediate (WTI) crude oil today is $56.51 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.

Oil prices were under pressure in early Asian trading on Tuesday as growing optimism around Russia-Ukraine peace talks and disappointing economic indicators out of China undercut market sentiment,…

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.

5 days ago · Crude oil prices traded defensively this week as bearish fundamentals overshadowed short-term risk catalysts. While geopolitical tensions and the end of the U.S. government shutdown …

Escalating tensions between the United States and Venezuela could lead to profound changes in the oil industry of the world’s largest crude resource holder. Any regime change of President Nicolas…

Jul 28, 2025 · U.S. crude oil production from onshore federal lands reached a record high in 2024, largely driven by increased activity in New Mexico's Permian Basin, while offshore production growth …

Apr 23, 2025 · Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily. China will not cease to be a major importer of crude anytime soon.