Oil Price (WTI)

The chart shows the front-month NYMEX WTI crude futures settlement, one close per day for three years. WTI is the US benchmark and sets the price at the pump. The page reads the live source every hour and shows the current oil price with its 90-day change.

A higher oil price raises fuel and freight costs, then inflation, then pressure on the Federal Reserve and on stock prices. A lower price helps, but it has two causes: more supply, or weaker demand. Only more supply is good news. Brent, the seaborne benchmark, has its own page.