WTI Crude Oil Spot Price
Oil & Energy ETFs
Brent Crude & WTI/Brent Spread
Energy Futures & Commodities
Tracking the US Oil Market
WTI crude oil is the US benchmark and is priced at the Cushing, Oklahoma delivery hub. The chart above shows the current spot price; check the live widget for the latest quote. Total US crude production has been running near 13.6 million barrels per day, with the Permian Basin in West Texas and southeast New Mexico contributing the largest share.
US Shale Production Context
American shale production has shifted from rapid growth into a more measured phase. The Permian Basin remains the largest contributor, while Eagle Ford and Bakken output has trended sideways or lower as core drilling inventory is worked through and capital discipline limits how quickly producers respond to higher prices.
What Moves WTI Prices
Day-to-day price drivers include OPEC+ production decisions, EIA weekly inventory data, refinery utilization, US dollar strength, and geopolitical events affecting major supply routes such as the Strait of Hormuz. The WTI–Brent spread reflects the cost of moving US crude to international markets and shifts as those factors change.
Crude Oil Prices Today: WTI, Brent and Per Barrel
Oil prices today are quoted in US dollars per barrel, and there is more than one number in circulation. WTI is the US benchmark, delivered at Cushing, Oklahoma; Brent prices most internationally traded crude; and the gap between them, the WTI–Brent spread, tracks the cost of moving American barrels overseas. The pages below break out each live quote in detail.
USOIL Live Price and Chart
The USOIL ticker explained: what the symbol tracks, how it differs from CL futures and the USO ETF, and a live WTI chart in USD per barrel.
Live Crude Oil Prices
Real-time WTI and Brent quotes side by side with the WTI–Brent spread, plus oil market hours and the weekly data releases that move them.
Oil Price Per Barrel Today
What a 42-gallon barrel is worth right now, how to convert a barrel price to gallons or litres, and why cheap crude does not mean cheap gasoline.
Understand the US Oil Market
All guides →Why Cushing, Oklahoma Sets the US Oil Price
The pipeline crossroads of the world: how the WTI delivery hub works, why its inventory levels move prices, and what traders watch each week.
US Oil Prices by State
Why a barrel in North Dakota sells for less than one in Louisiana: regional benchmarks, quality differences, and transport costs explained.
Guide to the Major US Shale Basins
Permian, Eagle Ford, Bakken and beyond — where American oil comes from and how each basin shapes national production.
WTI Trading Fundamentals
Futures, options, and ETFs: how WTI contracts are structured, what moves them, and the risk concepts behind oil market participation.
US Oil Price FAQ
What is the US oil price today?
The live WTI crude oil price shown at the top of this page is the current US oil benchmark price, quoted in US dollars per barrel. It updates in real time during market hours from TradingView market data.
What is the difference between WTI and Brent crude oil?
WTI (West Texas Intermediate) is the US benchmark — a light, sweet crude delivered at Cushing, Oklahoma. Brent is the international benchmark priced in the North Sea. The gap between them, the WTI–Brent spread, mostly reflects the cost of moving US crude to global markets. You can track the spread live in the chart section above.
When does the US oil market trade?
WTI crude oil futures trade on CME/NYMEX nearly 24 hours a day, from Sunday 6:00 PM to Friday 5:00 PM US Eastern Time, with a one-hour break each day at 5:00 PM ET. That is why the price on this page keeps moving overnight and on Sunday evenings.
Do oil prices differ by US state?
Yes. WTI is the national benchmark, but the price producers actually receive varies by state depending on crude quality and transport costs. Bakken crude in North Dakota often sells below WTI, while Louisiana Light Sweet at the Gulf Coast often trades above it. See our full guide to US oil prices by state.
Why is Cushing, Oklahoma important for US oil prices?
Cushing is the physical delivery point for WTI futures contracts and one of the largest crude storage hubs in the world. Inventory levels at Cushing directly influence the WTI price — read how the Cushing hub works.
What is the price of a barrel of oil right now?
The live WTI quote at the top of this page is the current price of one barrel of US crude oil, in US dollars. A barrel is 42 US gallons. Our guide to the oil price per barrel covers how to convert that figure to gallons or litres and why it is not what you pay at the pump.
Are the oil prices on this page live or delayed?
They stream in real time during market hours from TradingView market data. Outside trading hours the last traded price is shown until the market reopens. See live crude oil prices for WTI and Brent side by side with the spread.
What is USOIL?
USOIL is the ticker symbol charting platforms use for spot WTI crude oil, quoted in US dollars per barrel. It tracks the same market as front-month NYMEX WTI futures, without a fixed expiry — see the USOIL price and ticker guide.