WTI Crude Oil (FRED)
West Texas Intermediate crude oil spot price.
AI Analysis
Apr 2, 2026The dominant market narrative for the next 2-6 weeks is the US-Iran military confrontation: Trump's primetime address confirming named operations against Iran, IRGC retaliatory announcements, and Houthi continuation of the missile campaign form a coherent escalation ladder that is likely to sustain WTI in the $105-130 range as the base case. WTI $111.54, Brent $121.88, both +7-9% 1W. This represents a structural upside tail that keeps the $140-170 WTI scenario alive at 20% probability.
Recent Data
| Date | Value | Change |
|---|---|---|
| Mar 30, 2026 | $104.69 | +3.39% |
| Mar 27, 2026 | $101.26 | +5.28% |
| Mar 26, 2026 | $96.18 | +5.10% |
| Mar 25, 2026 | $91.51 | -1.79% |
| Mar 24, 2026 | $93.18 | +4.31% |
| Mar 23, 2026 | $89.33 | -9.50% |
| Mar 20, 2026 | $98.71 | +2.71% |
| Mar 19, 2026 | $96.11 | -0.01% |
| Mar 18, 2026 | $96.12 | +0.11% |
| Mar 17, 2026 | $96.01 | — |
Related in Commodities
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