This year, WTI prices have increased by 11.36%.

The price of WTI futures is $81.78 per barrel, up by 11.36% year to date. Brent futures traded at $86.50/bbl, with a 0.39% drop in the last 24 hours and a 9.41% increase year to date. The WTI crude oil price is $81.78/bbl, down by 0.46%. Brent crude oil prices are influenced by the same factors as WTI. Crude oil is an essential commodity used for energy and production. The prices are affected by supply and demand factors, weather conditions, geopolitical conflicts, and economic growth. WTI is lighter and sweeter than Brent and is the benchmark for U.S. oil prices. Brent is used as a benchmark for international markets. Brent/WTI spread can vary based on supply and demand conditions. Oil futures contracts allow investors to speculate on crude oil prices by agreeing to buy or sell oil at a specific price in the future.