About the WTI crude oil price
West Texas Intermediate (WTI) is the US benchmark crude oil, priced at Cushing, Oklahoma. The chart shows the monthly average of the daily spot price in dollars per barrel, as published by the Energy Information Administration.
Oil prices feed into gasoline, diesel, jet fuel and plastics, so big moves show up in inflation and corporate profits. In April 2020 the daily price briefly turned negative as storage ran out; monthly averages smooth that out.
Crude Oil Prices (WTI) by year
| Year | Average | High | Low | December / latest |
|---|---|---|---|---|
| 2026 (to Oct) | $86.62 | $102.13 | $60.04 | $101.38 |
| 2025 | $65.46 | $75.74 | $57.97 | $57.97 |
| 2024 | $76.55 | $85.35 | $69.95 | $70.12 |
| 2023 | $77.64 | $89.43 | $70.25 | $71.90 |
| 2022 | $94.79 | $114.84 | $76.44 | $76.44 |
| 2021 | $67.99 | $81.48 | $52.01 | $71.71 |
| 2020 | $39.23 | $57.52 | $16.55 | $47.03 |
| 2019 | $56.98 | $63.86 | $51.38 | $59.82 |
| 2018 | $64.94 | $70.98 | $49.52 | $49.52 |
| 2017 | $50.88 | $57.88 | $45.18 | $57.88 |
| 2016 | $43.15 | $51.97 | $30.32 | $51.97 |
| 2015 | $48.76 | $59.82 | $37.19 | $37.19 |
| 2014 | $93.26 | $105.79 | $59.07 | $59.07 |
| 2013 | $97.90 | $106.57 | $92.02 | $97.59 |
| 2012 | $94.11 | $106.16 | $82.30 | $87.86 |
| 2011 | $95.04 | $109.37 | $85.52 | $98.56 |
| 2010 | $79.40 | $89.15 | $73.74 | $89.15 |
| 2009 | $61.63 | $77.99 | $38.81 | $74.47 |
| 2008 | $99.57 | $133.88 | $41.12 | $41.12 |
| 2007 | $72.31 | $94.77 | $54.53 | $91.69 |
| 2006 | $66.02 | $74.08 | $58.89 | $61.96 |
| 2005 | $56.43 | $65.48 | $46.86 | $59.37 |
| 2004 | $41.54 | $53.13 | $34.43 | $43.15 |
| 2003 | $31.17 | $35.93 | $28.02 | $32.20 |
| 2002 | $26.13 | $29.66 | $19.62 | $29.52 |
| 2001 | $26.00 | $29.61 | $19.45 | $19.45 |
| 2000 | $30.39 | $34.34 | $25.69 | $28.64 |
| 1999 | $19.28 | $26.12 | $12.03 | $26.12 |
| 1998 | $14.45 | $16.70 | $11.34 | $11.34 |
| 1997 | $20.61 | $25.22 | $18.33 | $18.33 |
Monthly values. The last 30 years are shown; the chart above has the full history since January 1986.
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Frequently asked questions
What is the current WTI crude oil price?
The WTI crude oil price was $101.38 in October 2026, up 66.5% from a year earlier, according to the U.S. Energy Information Administration.
What was the highest WTI crude oil price on record?
Since January 1986, the highest reading was $133.88 in June 2008 and the lowest was $11.34 in December 1998.
Where does this data come from?
The numbers are published by the U.S. Energy Information Administration and distributed by the Federal Reserve Bank of St. Louis in FRED (series DCOILWTICO). They are US government statistics in the public domain. Quotelinks checks for new data every day.
Can I put this WTI crude oil price chart on my website?
Yes. The chart is free for any website, personal or commercial. Copy the embed code from the section above and paste it into your page; it updates automatically. Please keep the two links in the code visible.
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