Crude Oil (WTI)

Commodity

Symbol: crude-oil

$78.23 +1.45%

Technical Analysis

Momentum

RSI (14)

57.25

Trend

SMA 20

77.10

Above

SMA 50

76.67

Above

Volatility

Volatility Range

4.54

Daily Range

1.13

Fundamental Analysis

PRICE DATA

Current Price

$78.23

Daily Change

+1.45%

52W High

$89.96

52W Low

$66.50

MARKET INFO

SUPPLY & DEMAND

Global Production

Stable

Demand Trend

Increasing

Market Sentiment

Neutral

About Crude Oil (WTI)

West Texas Intermediate (WTI) crude oil is a benchmark for oil prices globally. It is a light, sweet crude oil that is ideal for gasoline production. WTI prices are influenced by OPEC production decisions, geopolitical events, global economic growth, and inventory levels at the Cushing, Oklahoma delivery point.