Real-time WTI crude, Brent crude, and natural gas market data
WTI (West Texas Intermediate) crude oil — continuous futures contract. Data provided by TradingView.
Trump arrived in Beijing with Musk, Cook, and Huang and downplayed China's role in the Iran crisis. OPEC's monthly report showed April production fell 1.74 million bpd to its lowest level in decades as the Hormuz blockade compounds.
WTI topped $100 and Brent hit $107 as the US Navy turned back a non-Iranian tanker at the Hormuz blockade line for the first time. China ordered firms to ignore new US sanctions on Iranian oil buyers.
The Trump administration announced a 53.3 million barrel SPR loan with a first shipment heading to Turkey. Brent eased to $105 from yesterday's $107 spike as markets hold ahead of the May 14 Beijing summit.
Trump called Iran's formal response to the US framework "totally unacceptable." Iran said it would "never bow." Brent surged above $104 as fourth-round talks in Oman wrapped with no deal.
Iranian missiles, drones, and fast-attack boats targeted three US destroyers in the Strait of Hormuz Thursday. US forces struck back. No ships were damaged. Brent reversed three days of losses to trade above $101.
The US Strategic Petroleum Reserve holds about 700 million barrels in Gulf Coast salt caverns. Here is how a release works, how long it takes to reach the market, and why it helps less against prolonged disruptions than brief ones.
Brent crude is trading about $8 above WTI right now. Here is what drives that gap, why it matters, and what the current spread says about global supply.
NYMEX is where WTI crude oil futures trade. Understanding what it is, how it works, and how it differs from ICE — where Brent trades — explains a lot about how the oil price you see on a screen gets set.
The price of oil is one of the most closely watched commodity prices in the world. WTI (West Texas Intermediate) crude oil serves as the primary benchmark for U.S. oil pricing, while Brent crude is the international benchmark. Both prices fluctuate continuously based on supply and demand dynamics, OPEC+ production decisions, geopolitical events, and broader macroeconomic conditions.
Use the charts above for live WTI and Brent crude oil prices, or visit our dedicated WTI crude oil page and Brent crude page for in-depth analysis.