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WTI

USOIL
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74.612

-4.460-5.64%
Time
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15m
30m
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4h
D
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Today

-5.62%

5 Days

-8.24%

1 Month

+8.66%

6 Months

+16.98%

Year to Date

+30.24%

1 Year

+12.17%

View Detailed Chart
TradingKey Chart

Key Data Points

Opening Price

78.962

Previous Closing Price

79.072
Price Range of the Day
74.16281.282
52-Week Price Range
54.870114.613

WTI Technical Analysis

1m
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4h
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Technical Indicators

Strong sell

Summary

Sell

Moving Average

Strong sell

WTI Trading Strategy

Intraday
Medium Term
Short Term
Long positions above 79.90 with targets at 84.50 & 86.20 in extension.

Trading Strategy

Long positions above 79.90 with targets at 84.50 & 86.20 in extension.

Alternative scenario

below 79.90 look for further downside with 78.90 & 77.80 as targets.

Comment

long positions above 79.90 with targets at 84.50 & 86.20 in extension.

Wed, Jul 29
Source: Trading Central(Reference Only)

WTI News

US Treasury Secretary Bessent says Hormuz deal nears as Oil prices tumble

US Treasury Secretary Scott Bessent said in a CNBC interview on Tuesday that a deal with Iran to reopen the Strait of Hormuz could be reached as soon as Tuesday or Wednesday. He added that he expects Energy prices to "settle back down".

Fxstreet4 hours ago
US Treasury Secretary Scott Bessent said in a CNBC interview on Tuesday that a deal with Iran to reopen the Strait of Hormuz could be reached as soon as Tuesday or Wednesday. He added that he expects Energy prices to "settle back down".

Oil: Supply resilience and geopolitical risks – BNY

BNY's Geoff Yu reports that Saudi Aramco sees no material operational or financial impact from July attacks, with alternative pipelines, storage and export terminals preserving output.

Fxstreet4 hours ago
BNY's Geoff Yu reports that Saudi Aramco sees no material operational or financial impact from July attacks, with alternative pipelines, storage and export terminals preserving output.

WTI Price Forecast: Eyes $80.00 amid US-Iran tensions and mixed technical setup

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – builds on the previous day's modest bounce from levels just below the mid-$77.00s and gains some follow-through positive traction during the Asian session on Tuesday.

Fxstreet10 hours ago
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – builds on the previous day's modest bounce from levels just below the mid-$77.00s and gains some follow-through positive traction during the Asian session on Tuesday.

WTI trades with positive bias below mid-$79.00s on Iran uncertainty, supply concerns

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday and looks to build on the overnight bounce following an intraday slump to levels below mid-$77.00s.

Fxstreet15 hours ago
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday and looks to build on the overnight bounce following an intraday slump to levels below mid-$77.00s.

WTI Oil plunges as Trump revives US-Iran peace hopes

West Texas Intermediate (WTI) US Oil trades around $78.45 at the time of writing on Monday, down 7.76% on the day, as investors unwind the geopolitical risk premium following announcements of a potential agreement between the United States (US) and Iran.

Fxstreet23 hours ago
West Texas Intermediate (WTI) US Oil trades around $78.45 at the time of writing on Monday, down 7.76% on the day, as investors unwind the geopolitical risk premium following announcements of a potential agreement between the United States (US) and Iran.

WTI stays lower near $78.50 ahead of US-Iran peace talks 2.0

West Texas Intermediate (WTI), futures on NYMEX, trade 7.4% lower at around $78.50 during the European trading session on Monday. The Oil price holds onto its opening losses, driven by the announcement of a ceasefire 2.0 between the United States (US) and Iran.

FxstreetMon, Aug 3
West Texas Intermediate (WTI), futures on NYMEX, trade 7.4% lower at around $78.50 during the European trading session on Monday. The Oil price holds onto its opening losses, driven by the announcement of a ceasefire 2.0 between the United States (US) and Iran.

More Details of WTI

USOIL, commonly referred to as West Texas Intermediate (WTI) crude oil, is a light, sweet crude oil that serves as one of the primary benchmarks for oil pricing in the global market. Sourced primarily from oil fields in the United States, particularly in Texas and Oklahoma, WTI crude oil is known for its API gravity of around 39.6 degrees, which classifies it as ‘light,’ and its low sulfur content, which makes it ‘sweet.’ These characteristics make WTI crude highly desirable for refining into gasoline, diesel, and other high-value petroleum products. The price of USOIL is set on the New York Mercantile Exchange (NYMEX) and is traded in the form of futures contracts, which allow market participants to buy and sell the commodity for delivery at a future date. These contracts are standardized, with each representing 1,000 barrels of crude oil. The USOIL futures market is one of the most liquid in the world, attracting a diverse range of traders, including producers, refiners, hedge funds, and individual investors. The price of USOIL is influenced by a complex interplay of factors, including: Global supply and demand dynamics: Fluctuations in oil production, particularly from major producers like the United States, Russia, and Saudi Arabia, as well as changes in global consumption patterns, can significantly impact prices. OPEC and non-OPEC production quotas: Decisions by the Organization of the Petroleum Exporting Countries (OPEC) and its allies to increase or decrease oil production can cause substantial price movements. Geopolitical events: Conflicts, sanctions, and political instability in oil-producing regions can lead to supply disruptions and volatility in oil prices. Economic indicators: The health of the global economy, as indicated by GDP growth rates, industrial production, and other economic data, affects the demand for oil and, consequently, its price. Inventory levels: Reports on oil stockpiles, particularly those published by the American Petroleum Institute (API) and the Energy Information Administration (EIA), can influence prices based on whether they show a surplus or a deficit in supply. Currency fluctuations: Since oil is traded in U.S. dollars, movements in the value of the dollar can affect the price of oil in other currencies, influencing international demand. Given its importance in the global energy market, USOIL is a key commodity for traders looking to speculate on price movements or hedge against oil price volatility. However, trading USOIL can be risky and requires a solid understanding of the market forces at play, as well as careful risk management.

What is US OIl?

As the primary benchmark for the US energy market, WTI Crude (US Oil) is a premium 'light and sweet' grade favored by traders for its high liquidity. It remains a critical indicator for global oil price volatility and a staple for commodity futures on the NYMEX.

What's the current price of US Oil?

The opening price of US Oil (WTI) on March 5, 2026 was $76.82/bbl.

What is WTI all time high?

The WTI all time high is $410.45/bbl (Dec 2025).

How does the price of USOIL fluctuate?

The price of USOIL can fluctuate due to several factors, including global supply and demand, OPEC production levels, geopolitical tensions, economic growth, currency fluctuations, and changes in inventory levels.

Can individual investors trade USOIL?

Yes, individual investors can trade USOIL through futures contracts, options, exchange-traded funds (ETFs), and other derivative instruments. However, trading commodities can be risky and is best suited for experienced investors.

What is the main difference between USOIL (WTI) and UKOIL(Brent crude oil)?

USOIL (WTI) and Brent crude are the two major global oil benchmarks. The primary difference is their location and quality. WTI is produced in the United States and is lighter and sweeter (less sulfur) than Brent, which is produced in the North Sea and has a slightly higher sulfur content.

Related Instruments

WTI

74.612
-4.460-5.64%
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