DCOILWTICOWTI Crude Oil Price (DCOILWTICO) — Current Value & Historical Data
WTI Crude Oil Price (DCOILWTICO) Chart & Data Table
Showing 2,497 of 10,195 observations. Pick "All" to see the full history (1986-01-02–2026-07-06).
Gray bands: NBER recessions
What is WTI Crude Oil Price (DCOILWTICO)?
West Texas Intermediate (WTI) crude oil spot price is the daily cash-market price per barrel for the light, sweet crude oil grade delivered at Cushing, Oklahoma — the physical hub where WTI futures settle on NYMEX. The EIA publishes the series daily, sourced from market data providers, and it is the headline oil benchmark for the United States, quoted alongside Brent (the global seaborne benchmark) in every business news cycle. WTI prices flow into U.S. retail gasoline (with a typical three-to-six-week lag), airline fuel hedging, shale-producer capex decisions, and CPI energy components. The series has two historic extremes worth knowing: WTI closed at -$36.98 per barrel on April 20, 2020, the only day in the series' history with a negative settlement, when Cushing storage filled during the COVID-19 demand collapse and expiring May futures contracts forced holders to pay buyers to take physical delivery; and it spiked to $123.70 in March 2022 after Russia's invasion of Ukraine disrupted global flows.
Current WTI Crude Oil Price (DCOILWTICO) Value
As of July 6, 2026, the current crude oil prices: west texas intermediate (wti) - cushing, oklahoma is 69.60 Dollars per Barrel. This is the most recent observation available for this series, updated daily.
WTI Crude Oil Price Historical Trend
Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma fell 0.19% day-over-day. Over the past year, crude oil prices: west texas intermediate (wti) - cushing, oklahoma rose 4.44% from July 2025. In the series' tracked history, the highest recorded value was 145.31 (July 2008), and the lowest was -36.98 (April 2020).
Methodology & Source
Source
U.S. Energy Information Administration
Frequency
Daily
Units
Dollars per Barrel
Notes
Definitions, Sources and Explanatory Notes (http://www.eia.doe.gov/dnav/pet/TblDefs/pet_pri_spt_tbldef2.asp)...
Frequently Asked Questions About WTI Crude Oil Price (DCOILWTICO)
What is the current crude oil prices: west texas intermediate (wti) - cushing, oklahoma?
As of July 6, 2026, crude oil prices: west texas intermediate (wti) - cushing, oklahoma stands at 69.60 Dollars per Barrel.
Where does crude oil prices: west texas intermediate (wti) - cushing, oklahoma data come from?
Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is crude oil prices: west texas intermediate (wti) - cushing, oklahoma updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for crude oil prices: west texas intermediate (wti) - cushing, oklahoma?
In the available data, the highest value was 145.31 Dollars per Barrel in July 2008, and the lowest was -36.98 Dollars per Barrel in April 2020.
How has crude oil prices: west texas intermediate (wti) - cushing, oklahoma changed over the past year?
Over the past year, crude oil prices: west texas intermediate (wti) - cushing, oklahoma increased 4.44%.
Related government-spending dashboards
How WTI Crude Oil Price connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Receipts vs Outlays
Federal revenue, spending, and the resulting surplus or deficit over time.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Revenue Composition
Federal receipts broken down by source — individual income, corporate, social insurance, excise taxes, and customs duties as shares of total revenue.
Agency Spending (FY 2019 vs FY 2024)
Net outlays by federal agency for FY 2019 and FY 2024, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.
Related Indicators
Compare WTI Crude Oil Price with related indicators
See how WTI Crude Oil Price stacks up against related series in a side-by-side chart and explainer: