West Texas Intermediate Crude Oil Prices

A crude stream produced in Texas and southern Oklahoma which serves as a reference or "marker" for pricing a number of other crude streams and which is traded in the domestic spot market at Cushing, Oklahoma. WTI is refined mostly in the Midwest and Gulf Coast regions in the U.S. Real prices are calculated using the headline CPI inflation number with a base of the most recent month.

Data Sources: Energy Information Administration, BLS