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WTI Crude Oil Prices

WTI crude oil prices averaged USD 79.91 per barrel in June, down 0.1% from May. On 28 June, the commodity traded at USD 82.83 per barrel, up 6.2% from 31 May.

WTI sank to a roughly four-month low early in the month, with investors caught off guard by OPEC+’s decision on 2 June to begin undoing production curbs from October. That said, WTI prices then picked up to an approximately two-month high later in June, as worries mounted about an Israel-Hezbollah confrontation and a powerful hurricane off the coast of the U.S.

This chart displays WTI Crude Oil (US$/bbl) from 2022 to 2024.

WTI Crude Oil (prices in US$/bbl, aop)

Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
WTI Crude Oil 76.04 73.53 82.11 78.45 77.48 81.77 - -

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Price forecasts and historical data for WTI Crude Oil.

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