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.
Live Oil Prices Today
Track live WTI and Brent crude oil prices, natural gas quotes and interactive charts, updated through the trading day. Below the live prices you will find weekly EIA petroleum inventories, US drilling rig counts and monthly crude oil production for major producers worldwide.
WTI Crude Oil
USOIL · NYMEX
West Texas Intermediate
Brent Crude Oil
UKOIL · ICE
North Sea Brent Blend
US Inventories & Drilling
Latest EIA weekly petroleum data
Commercial Crude
Excl. SPR
426.5M bbl
▼ 7.2Mwk
Strategic Reserve
US SPR
349.2M bbl
▼ 7.9Mwk
Motor Gasoline
Total stocks
215.2M bbl
▲ 0.2Mwk
Distillate
Diesel / heating
102.5M bbl
▲ 0.2Mwk
Cushing Hub
WTI delivery point
22.6M bbl
▼ 0.8Mwk
Crude Production
US field output
13.7M bbl/d
▼ 8K b/dwk
Refinery Use
Operable capacity
94.7%
▼ 0.1wk
Days of Cover
SPR vs net imports
106days
IEA min: 90
Active Drilling Rigs
Total Rigs
562
▼ 1wk
Oil Rigs
433
Crude directed
Gas Rigs
121
Gas directed
Inventories: EIA weekly report. Rigs: Baker Hughes, week of Jun 12, 2026.
Weekly change arrows indicate direction only.
International Crude Production
Monthly crude output (incl. lease condensate) for major producers and benchmark groups, from the EIA. US output is in the section above. Tap any card for history.
Benchmarks
World
All producers
84.0M bbl/d
Crude + condensate
OPEC
12 members
27.0M bbl/d
Crude + condensate
Non-OPEC
World - OPEC
57.0M bbl/d
Crude + condensate
Middle East
Region total
28.0M bbl/d
Crude + condensate
Middle East
Saudi Arabia
OPEC
9.6M bbl/d
Crude + condensate
Iraq
OPEC
4.2M bbl/d
Crude + condensate
Iran
OPEC
3.3M bbl/d
Crude + condensate
UAE
OPEC
3.3M bbl/d
Crude + condensate
Kuwait
OPEC
2.5M bbl/d
Crude + condensate
Qatar
Non-OPEC
1.3M bbl/d
Crude + condensate
Oman
Non-OPEC
1.0M bbl/d
Crude + condensate
Africa
Nigeria
OPEC
1.4M bbl/d
Crude + condensate
Libya
OPEC
1.2M bbl/d
Crude + condensate
Angola
Non-OPEC
1.1M bbl/d
Crude + condensate
Algeria
OPEC
0.9M bbl/d
Crude + condensate
Congo
OPEC
0.3M bbl/d
Crude + condensate
Gabon
OPEC
0.2M bbl/d
Crude + condensate
Eurasia & Europe
Russia
Non-OPEC
9.3M bbl/d
Crude + condensate
Kazakhstan
Non-OPEC
1.8M bbl/d
Crude + condensate
Norway
Non-OPEC
1.8M bbl/d
Crude + condensate
Azerbaijan
Non-OPEC
0.5M bbl/d
Crude + condensate
United Kingdom
Non-OPEC
0.7M bbl/d
Crude + condensate
Americas
Canada
Non-OPEC
4.9M bbl/d
Crude + condensate
Brazil
Non-OPEC
3.7M bbl/d
Crude + condensate
Mexico
Non-OPEC
1.6M bbl/d
Crude + condensate
Venezuela
OPEC
0.9M bbl/d
Crude + condensate
Colombia
Non-OPEC
0.8M bbl/d
Crude + condensate
Argentina
Non-OPEC
0.7M bbl/d
Crude + condensate
Guyana
Non-OPEC
0.7M bbl/d
Crude + condensate
Asia-Pacific
China
Non-OPEC
4.2M bbl/d
Crude + condensate
Indonesia
Non-OPEC
0.6M bbl/d
Crude + condensate
India
Non-OPEC
0.7M bbl/d
Crude + condensate
EIA International Energy Statistics. Monthly data, published with a lag.
Crude oil including lease condensate.
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Oil Market FAQ
Quick answers for readers and search
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.
What do EIA crude oil inventories tell you?
Weekly EIA data shows how much crude oil, gasoline and distillate sits in US storage. A build usually signals softer demand or stronger supply, while a draw often supports prices.
What is the Baker Hughes rig count?
It is a weekly tally of drilling rigs actively working in the United States, split into oil and gas. Traders watch it as a forward indicator of future production.
Which countries produce the most crude oil?
The United States, Saudi Arabia and Russia lead global output, followed by Canada, Iraq, China and Brazil. The international production section above tracks major producers using EIA data.