(WTI) Spot Oil

(WTI) Spot Oil

(WTI) Spot Oil Trading Chart
94.581 USD +0.53911 +0.57%
Swap Short -24.45 Points
Swap Long +5 Points

You can compare it with (WTI) Spot Oil.

UKOIL UKOIL Brent Spot Oil
103.319 -1.13%
Previous Close 94.045
Open 93.995
Daily Range 92.45 – 94.212
52 Week Range 54.873 – 113.033
1 Month Change -3.94%
1 Year Change +64.63%

Volatility

Track market volatility and price fluctuations over time.

Market Hours

Open now
Sunday Closed
Monday 0:00 - 23:59
Tuesday 0:00 - 23:59
Wednesday 0:00 - 23:59
Thursday Open 0:00 - 23:59
Friday 0:00 - 23:59
Saturday Closed

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About (WTI) Spot Oil

US Oil, commonly known as WTI (West Texas Intermediate), is a major US benchmark crude oil grade used to price a significant share of North American oil production. It is known for its high quality and is a key reference point for US energy markets.

WTI prices are shaped by US production levels, inventory data from the Energy Information Administration (EIA), OPEC+ decisions affecting the broader global oil market, and demand trends tied to US and global economic activity. Domestic factors such as US shale production and pipeline capacity can also influence WTI's price relative to international benchmarks like Brent.

Traders monitor weekly EIA inventory reports, US rig count data and broader macroeconomic indicators when assessing likely moves in the WTI oil price.

Pairmetric offers US Oil (WTI) as a CFD on MetaTrader 5, giving traders access to the primary US crude oil benchmark. You can open a position directly from your Pairmetric account, with live pricing available on this page.

(WTI) Spot Oil FAQs

WTI stands for West Texas Intermediate, a high-quality crude oil grade that serves as the main US oil price benchmark.

Weekly US crude oil inventory data from the Energy Information Administration can move prices significantly, as unexpected builds or draws in stockpiles shift supply and demand expectations.

Differences in production location, quality, transportation costs and regional supply and demand can cause WTI and Brent to trade at a premium or discount to one another.

Log in to your Pairmetric MetaTrader 5 account, search for US Oil in Market Watch, and place a buy or sell order.

As one of the most actively traded commodities, WTI prices can move throughout the trading day in response to inventory data, OPEC+ news and broader market developments.

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