WTI Crude Oil
USOIL · NYMEX
West Texas Intermediate
Brent Crude Oil
UKOIL · ICE
North Sea Brent Blend
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Oil Market FAQ
Quick answers for readers and search

What is the difference between WTI and Brent crude?

WTI is the main U.S. oil benchmark. Brent is the main international benchmark and is widely used to price crude exported into Europe, Africa and parts of Asia.

Why do oil and natural gas prices move so quickly?

Energy markets react fast to inventory reports, refinery outages, weather changes, OPEC+ decisions, shipping disruptions, demand forecasts and moves in the U.S. dollar.

How often are the charts on this page updated?

The charts use embedded market data widgets that refresh in real time or near real time, depending on the symbol and exchange feed available from the provider.