Commoditiesdaily
WTI Crude Oil
West Texas Intermediate crude oil daily spot price. Convex pairs the live reading with curve structure, OPEC supply context, and cross-asset macro signals — what the price means, not just what the price is.
The WTI Crude Oil is currently $101.56, last updated .
$101.56
1W +2.72%1M +11.53%3M +5.60%
Updated 21m agoStatistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for WTI Crude Oil, blended across current macro regimes.
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Commodities sit at the intersection of monetary and physical reality. Oil and gas prices flow almost directly into headline CPI, while copper and iron ore track global industrial activity ahead of official releases. Tracking each complex alongside its supply signal (EIA inventories, rig counts, seaborne cargo flows) separates genuine demand moves from inventory-cycle noise.
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Latest analysis · WTI Crude Oil
Geopolitics · May 6, 2026
Trump Pauses Hormuz Operation: What the Retreat Reveals
A military stand-down mid-operation is not de-escalation, it's a negotiating move with a price tag measured in barrels.
Energy · May 3, 2026
Syria as Hormuz Bypass: Oil's New Map Prices Monday Open
With Hormuz effectively blocked, Syria's corridor role reframes the entire Middle East energy supply chain overnight.
AI Analysis
May 14, 2026WTI at $100.98 (market price), FRED series at $101.56 (+9.12% 1M, ACCELERATING). CFTC WTI net spec at -34,061 (6th pctile, CROWDED SHORT) — mechanical bid on any supply disruption. Energy is a key inflation transmission mechanism: if WTI sustains above $100, CPI energy component will add 0.3-0.5pp to headline CPI over next 2-3 months.
Recent Data
Download CSV| Date | Value | Change |
|---|---|---|
| May 11, 2026 | $101.56 | +2.72% |
| May 8, 2026 | $98.87 | +0.50% |
| May 7, 2026 | $98.38 | -0.37% |
| May 6, 2026 | $98.75 | -6.54% |
| May 5, 2026 | $105.66 | -3.74% |
| May 4, 2026 | $109.76 | +4.16% |
| May 1, 2026 | $105.38 | -3.00% |
| Apr 30, 2026 | $108.64 | -1.66% |
| Apr 29, 2026 | $110.47 | +6.79% |
| Apr 28, 2026 | $103.45 | +3.56% |
| Apr 27, 2026 | $99.89 | +1.49% |
| Apr 24, 2026 | $98.42 | -0.86% |
| Apr 23, 2026 | $99.27 | +4.76% |
| Apr 22, 2026 | $94.76 | +1.20% |
| Apr 21, 2026 | $93.64 | +2.83% |
| Apr 20, 2026 | $91.06 | +5.99% |
| Apr 17, 2026 | $85.91 | -10.94% |
| Apr 16, 2026 | $96.46 | +3.68% |
| Apr 15, 2026 | $93.04 | -0.03% |
| Apr 14, 2026 | $93.07 | -7.60% |
| Apr 13, 2026 | $100.72 | +2.42% |
| Apr 10, 2026 | $98.34 | -1.28% |
| Apr 9, 2026 | $99.62 | +3.59% |
| Apr 8, 2026 | $96.17 | — |
Related Analysis
Geopolitics · May 6, 2026
Trump Pauses Hormuz Operation: What the Retreat Reveals
A military stand-down mid-operation is not de-escalation, it's a negotiating move with a price tag measured in barrels.
Energy · May 3, 2026
Syria as Hormuz Bypass: Oil's New Map Prices Monday Open
With Hormuz effectively blocked, Syria's corridor role reframes the entire Middle East energy supply chain overnight.
Energy · Apr 30, 2026
Trump's Iran Blockade Threat Sends WTI Past $107: What Comes Next
A prolonged U.S. naval blockade of Iran would remove roughly 1.5–2 mb/d from a market already running tight on OPEC+ discipline.
Geopolitics · Apr 21, 2026
US-Iran Ceasefire Expiration: What the Threats Actually Cost
Markets are pricing a fragile truce; the data says the risk premium is still too thin
Energy · Apr 14, 2026
Hormuz Blockade Day One: The Oil Short-Cover Trap Snaps Shut
Pentagon confirms zero transits; WTI at $91.72 is not the ceiling, it's the floor.
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Frequently Asked Questions
▶What is WTI Crude Oil?
West Texas Intermediate crude oil daily spot price. Convex pairs the live reading with curve structure, OPEC supply context, and cross-asset macro signals — what the price means, not just what the price is.
▶How does WTI Crude Oil relate to commodities?
WTI Crude Oil is part of the Commodities category. Commodities sit at the intersection of monetary and physical reality. Oil and gas prices flow almost directly into headline CPI, while copper and iron ore track global industrial activity ahead of official releases. Tracking each complex alongside its supply signal (EIA inventories, rig counts, seaborne cargo flows) separates genuine demand moves from inventory-cycle noise.
▶How often is WTI Crude Oil updated?
WTI Crude Oil is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
▶Where does Convex source WTI Crude Oil data?
Convex sources WTI Crude Oil data from the Federal Reserve Economic Data (FRED) API, maintained by the Federal Reserve Bank of St. Louis. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
▶What can I do on the WTI Crude Oil chart page?
The WTI Crude Oil page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.