Commodities · Commodity · CL=F
WTI Crude Oil
96.08 USD/bbl
−5.83(−5.72%)downPrevious close · 16:59 ET
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What this measures
West Texas Intermediate crude, the reference price against which Canadian barrels are discounted.
What moves it
- OPEC+ production decisions and compliance.
- United States shale supply growth and inventory data.
- Global demand expectations, especially transport fuels.
The Canadian angle
Canadian barrels price at a differential to WTI — Western Canadian Select trades below it, reflecting quality and pipeline capacity. Both the WTI level and the size of that differential matter to Canadian producer cash flow, and they do not always move together.
Notable constituents
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