Live Oil Barrel Price Today
Real-time crude oil spot prices for WTI (West Texas Intermediate) and Brent crude. Updated every 10 minutes from global futures markets and shown in your selected currency.
WTI Crude Oil
West Texas Intermediate · NYMEX
Brent Crude Oil
North Sea Benchmark · ICE
Previous Price Chart
WTI crude oil history
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Price Comparison
Other Commodity Prices
What is Crude Oil?
Crude oil is a naturally occurring fossil fuel extracted from underground reservoirs. It is the world's most actively traded commodity and serves as the primary feedstock for gasoline, diesel, jet fuel, plastics, and thousands of industrial products. Crude oil prices are quoted per barrel, where 1 barrel equals 42 US gallons (approximately 159 liters).
WTI vs Brent Crude Oil — What's the Difference?
| WTI (West Texas Intermediate) | Brent Crude | |
|---|---|---|
| Origin | USA (Texas, Oklahoma) | North Sea (UK, Norway) |
| Exchange | NYMEX (New York) | ICE (London) |
| Benchmark For | US & Americas pricing | Global pricing (~80% of world) |
| API Gravity | ~39.6° (lighter) | ~38.3° |
| Sulfur Content | ~0.24% (sweeter) | ~0.37% |
What Affects Oil Prices?
- OPEC+ decisions — Production quotas directly control global supply levels.
- Geopolitical events — Conflicts in oil-producing regions create supply uncertainty.
- Global demand — Economic growth in China, India, and the US drives consumption.
- US Dollar strength — Oil is priced in USD; a stronger dollar makes oil more expensive for other nations.
- Inventories — Weekly US crude stockpile reports from the EIA move prices.
- Energy transition — Growth in renewable energy and EVs affects long-term demand outlook.
- Weather & seasons — Hurricanes disrupt Gulf of Mexico production; winter increases heating oil demand.
Oil Barrel Unit Conversions
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About This Calculator & Guide
About the Live Oil Barrel Price Today — WTI & Brent Crude Oil Calculator
The Live Oil Barrel Price Today — WTI & Brent Crude Oil Calculator is a specialized online utility designed to help you track today's live oil barrel price for wti and brent crude oil in real-time. see current prices per barrel in your selected currency, price comparison, and related commodity data. It performs calculations in real-time to provide immediate, reliable estimates for study, work, or daily tasks.
How to Use
Simply enter your parameters in the input fields of the calculator widget above. The tool evaluates the inputs instantly and displays the results in real-time. You can modify any value to check alternate scenarios and compare figures dynamically.
Data Privacy & Safety
All calculations are executed locally within your web browser. No inputs are sent to our servers or stored externally, ensuring your personal and financial details remain completely private and secure.
FAQ
Frequently Asked Questions
What does the live oil price page show?+
It shows live WTI and Brent crude oil prices per barrel, historical chart ranges, spread comparison, and related commodity prices.
Can I view crude oil prices in INR or another currency?+
Yes. Choose a currency from the site currency selector and the oil price cards, comparisons, and chart values update to that currency.
What is the difference between WTI and Brent crude oil?+
WTI is a US benchmark commonly used for North American oil pricing, while Brent is a North Sea benchmark used for much of global crude oil pricing.
Which oil chart ranges are available?+
The chart supports 1 day, 5 days, 10 days, 30 days, 1 month, 1 year, 5 years, and all time ranges when market data is available.