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WTI

USOIL
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89.475

+1.302+1.48%
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Today

+1.45%

5 Days

-0.28%

1 Month

+7.66%

6 Months

-11.09%

Year to Date

+56.11%

1 Year

+42.22%

Key Data Points

Opening Price

88.155

Previous Closing Price

88.173
Price Range of the Day
87.76589.775
52-Week Price Range
54.870114.613

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)
Recent
Analysis
WTI Price Forecast: Sticks to recovery gains below $89.00; lacks bullish conviction

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher on Wednesday, reversing a part of the previous day's heavy losses to an over three-week low, though it lacks follow-through.

Fxstreetan hour ago
WTI drifts higher above $88.00 as Trump denies Iran sanctions relief

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.30 during the early European trading hours on Wednesday. WTI edges higher after US President Donald Trump denied he would be willing to ‌ease sanctions on Iran.

Fxstreet4 hours ago
WTI falls to near $91.00 as Middle East crude exports rebound

West Texas Intermediate (WTI) oil has pared its recent gains from the previous day, trading around $91.10 per barrel during European hours on Tuesday. Crude oil prices have eased following a September rebound in exports from key Middle East producers.

FxstreetTue, Sep 29
WTI Price Forecast: Eyes $93.00 as bulls retain control above 200-SMA support on H4

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers following the previous day's good two-way price swings and climbs to the $93.00 neighborhood during the Asian session on Tuesday.

FxstreetTue, Sep 29
WTI inches up above $92.00 on Qatari-mediated US-Iran talks, Saudi pipeline restart

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.05 during the early Asian trading hours on Tuesday.

FxstreetTue, Sep 29
Crude Oil round-trips between a rejected Iran plan and a sanctions offer

President Trump's rejection of Iran's seven-day plan for the Strait of Hormuz lifted Crude Oil to its best level since Thursday, and the whole rise was gone after a Saudi pipeline restart and a US offer of sanctions relief.

FxstreetMon, Sep 28

WTI Technical Analysis

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D

Technical Indicators

Sell

Summary

Neutral

Moving Average

Neutral

About WTI

What is the price of WTI today?

The current price of WTI is 89.45. Market data may be delayed, so please refer to the update time displayed on the page.

What is the trading range of WTI futures today?

The intraday low for WTI futures is 87.77, while the intraday high is 89.78. The trading range for today is 87.77 to 89.78.

What is the 52-week price range of WTI futures?

Over the past 52 weeks, the lowest price of WTI futures was 54.87, while the highest price was 114.61. Historical price ranges reflect past performance only and do not indicate future trends.

Why does WTI rise or fall?

The price of WTI may rise when market demand increases, supply tightens, or inventories decline. It may fall when demand weakens, supply increases, or inventories rise. Macroeconomic conditions, the U.S. dollar, interest rates, weather, policy changes, and unexpected events may also drive short-term price fluctuations.

What determines the price of WTI?

The price of WTI is primarily determined by supply and demand in the relevant market and may also be based on quotations from exchanges, market makers, or market data providers. The quoted currency, trading hours, product type, contract maturity, delivery terms, and market liquidity may also affect the price displayed on the page.

How can I analyze WTI price trends?

When analyzing the price of WTI, investors may consider charts across different timeframes, opening prices, highs and lows, support and resistance levels, as well as technical indicators such as moving averages, RSI, and MACD. Market supply and demand, inventories, production costs, macroeconomic conditions, policy developments, and changes in related industries should also be considered.

Are WTI price forecasts reliable?

Price forecasts are generally based on historical trends, technical indicators, market supply and demand, and macroeconomic data, but they cannot accurately predict future prices. Unexpected policy changes, geopolitical events, supply disruptions, and shifts in market sentiment may cause forecasts to become inaccurate. Therefore, forecasts should be used for reference only.

Can I invest directly in WTI?

No. WTI itself is an index and cannot be invested in directly. Investors typically gain price exposure through related spot products, futures, ETFs, CFDs, or shares of companies within the relevant industry chain. Costs, liquidity, leverage, and risks vary across these instruments, so investors should carefully consider market conditions and their own risk tolerance before making a decision.

Related Instruments

WTI

89.475
+1.302+1.48%
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