WTI crude oil
CLWhy is WTI crude moving today?
WTI crude is up 1.78% as of 10:25 am ET, with the sharpest part of the gain coming between 12:35 pm and 1:25 pm ET, alongside a similar rise in Brent crude.
- Brent crude rose 1.87%, and the two usually trade as a pair, so today's moves fit that pattern.Brent crude oil →
- The S&P 500 fell 2.68%, which does not fit its usual same-direction link with WTI, and the dollar was little changed, so neither explains the move.US dollar index →
- Reuters-style signals aside, MacroInsight reported euro zone inflation at 4%, driven by energy, but the article does not mention oil prices rising.Read the article →
WTI crude is in the upper half of its 52-week range of 65.03 to 112.56, though it is down 7.83% over the past month.
Updated 10:31 am ET · Automatically generated from market data and MacroInsight reporting, then checked against our standards. How this works
Price
Key statistics Support & resistance →
- Previous close
- 88.51
- Day range
- 86.63 – 90.85
- 52-week range
- 65.03 – 112.56
- 1 week
- −13.29%
- 1 month
- −7.59%
- 3 months
- −1.49%
- Year to date
- +38.89%
- 1 year
- +38.89%
- 50-day average
- 96.16
- 200-day average
- 89.46
- Volatility (20d, ann.)
- 49%
- Typical daily move
- 2.0%
Analysis
WTI crude oil is at 90.32, up 2.0% today.
It is down 7.6% over the past month, up 38.9% so far this year and up 38.9% over 12 months.
It sits in the upper half of its 52-week range of 65.03 to 112.56, 19.8% below the high.
The price is above its 200-day average (89.46) and the 50-day average (96.16) is above the 200-day, a pattern usually read as an established uptrend.
Volatility over the past 20 sessions is 49% annualised, in line with the past year.
Generated automatically from price data, updated with every page load. Descriptive only; not investment advice.About
West Texas Intermediate is the US crude oil benchmark, priced here by the front-month NYMEX futures contract.