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.