Asset
WTI crudeCL
West Texas Intermediate, the US benchmark grade of crude oil, quoted in dollars per barrel. It sets the starting price for gasoline, diesel and jet fuel.
Why we track it
Oil reaches headline inflation within weeks and transport and food costs with a lag, which is why a 17% swing turns up in the CPI print.
Recent trend
87.03+0.87 (+1%) vs. a month earlier
WTI crude oil spot price (Cushing, OK) · data through August 31, 2026 · From August 2026: Stocks at a Record, the Fed Leans Toward a Hike