WTI Crude Oil Prices

6-Month WTI Oil Price Chart

About WTI Crude Oil

West Texas Intermediate (WTI) is a grade of crude oil used as a benchmark in oil pricing. It is the underlying commodity of New York Mercantile Exchange's (NYMEX) oil futures contracts.

WTI is a light crude oil, lighter than Brent Crude oil. It contains about 0.24% sulfur, rating it as sweet crude oil. It is the benchmark for oil prices in the United States and is relevant for all Eagle Ford region operations.

Why Oil Prices Matter

Directly impacts drilling activity in the Eagle Ford Shale
Affects demand for waste disposal and reclamation services
Influences oil company budgets and operational decisions
Determines economic viability of tank bottom reclamation

Market Hours

NYMEX Trading Hours:

Sunday - Friday: 5:00 PM - 4:00 PM CT
Daily break: 4:00 PM - 5:00 PM CT

Contract Symbol: CL

Contract Size: 1,000 barrels

Disclaimer: Prices shown are for informational purposes only and may be delayed by 10-15 minutes. For real-time trading data, please consult your broker or financial data provider.