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WTI (West Texas Intermediate)

June 13, 2023

Natural gas production in the Permian region established a new record in 2022


January 11, 2023

Crude oil prices forecast to decline beginning in the second half of 2023


January 4, 2023

Crude oil prices increased in first-half 2022 and declined in second-half 2022


September 15, 2022

More natural gas rigs are now operating in the United States than before the pandemic


July 22, 2022

Public U.S. oil producers saw higher revenues and higher operational costs during Q1 2022


January 4, 2022

Crude oil prices increased in 2021 as global crude oil demand outpaced supply


November 9, 2021

Crude oil demand returns faster than supply, increasing prices and reducing inventories


May 27, 2020

North American crude oil prices are closely, but not perfectly, connected


April 27, 2020

Low liquidity and limited available storage pushed WTI crude oil futures prices below zero


May 10, 2018

EIA raises crude oil, gasoline price forecasts for 2018


January 3, 2018

Crude oil prices increased in 2017, and Brent-WTI spread widened


November 15, 2017

Transportation constraints and export costs widen the Brent-WTI crude oil price spread


November 1, 2017

Widening Brent-WTI price spread unlikely to change East Coast crude oil supply


October 16, 2017

U.S. crude oil production expected to increase through end of 2017, setting up record 2018


July 13, 2017

Brent and WTI crude oil prices expected to average about $50 per barrel through 2018


March 11, 2016

Crude oil shipments by rail from Midwest to coastal regions decline


January 26, 2016

Changing contract expiration dates will affect crude oil futures comparisons


January 13, 2016

Crude oil prices to remain relatively low through 2016 and 2017


January 6, 2016

Crude oil prices started 2015 relatively low, ended the year lower


August 19, 2015

EIA lowers crude oil price forecast through 2016


July 13, 2015

Last Monday’s large percentage decline in crude oil prices was relatively rare


January 14, 2015

Market expectations of oil price uncertainty have increased in recent months


January 6, 2015

Crude oil prices down sharply in fourth quarter of 2014


January 5, 2015

Energy had larger price declines than most nonenergy commodities in 2014


November 26, 2014

U.S. gasoline prices this Thanksgiving are the lowest since 2009


November 3, 2014

U.S. gasoline prices move with Brent rather than WTI crude oil


October 28, 2014

Benchmarks play an important role in pricing crude oil


September 23, 2014

Higher Permian production, constrained infrastructure increase spread between WTI oil hubs


July 30, 2014

Oil prices drive projected enhanced oil recovery using carbon dioxide


January 9, 2014

U.S. crude oil production growth contributes to global oil price stability in 2013


August 5, 2013

Spread narrows between Brent and WTI crude oil benchmark prices


June 28, 2013

Price difference between Brent and WTI crude oil narrowing


March 19, 2013

Bakken crude oil price differential to WTI narrows over last 14 months


February 7, 2013

EIA begins posting daily energy prices on Today in Energy webpage


January 10, 2013

2012 Brief: Average 2012 crude oil prices remain near 2011 levels


January 7, 2013

2012 Brief: Coal and mid-continent crude oil prices declined during 2012


August 21, 2012

Crude oil prices peaked early in 2012


July 16, 2012

Crude oils have different quality characteristics


July 10, 2012

Rising production in the Permian basin


June 26, 2012

Drop in U.S. gasoline prices reflects decline in crude oil costs


June 21, 2012

North American spot crude oil benchmarks likely diverging due to bottlenecks


June 15, 2012

Working crude oil storage capacity at Cushing, Oklahoma rises


May 24, 2012

OPEC spare capacity in the first quarter of 2012 at lowest level since 2008


April 17, 2012

Williston Basin crude oil production and takeaway capacity are increasing


April 10, 2012

U.S. imports of Nigerian crude oil have continued to decline in 2012


April 5, 2012

Spot crude prices near 12-month high; natural gas and power prices near 12-month low


April 4, 2012

Cushing crude oil inventories rising in 2012


March 20, 2012

Refinery utilization rates react to economics in 2011


March 1, 2012

Review of developments in crude oil and product markets over the past two months


February 29, 2012

WTI discount to Brent and premium to Bakken both rising in early 2012


January 12, 2012

2011 Brief: Brent crude oil averages over $100 per barrel in 2011


January 9, 2012

2011 Brief: Energy commodity price trends varied widely during 2011


December 5, 2011

Spread between WTI and Brent prices narrows on signs of easing transportation constraints


October 31, 2011

3:2:1 Crack spreads based on WTI & LLS crude oils have diverged in 2011


October 27, 2011

Recent gasoline and diesel prices track Brent and LLS, not WTI


October 24, 2011

Cross-market relationships strengthened in the third quarter of 2011


August 22, 2011

Recently, S&P 500 Index and WTI crude oil futures price movements tracked each other


February 28, 2011

WTI-Brent crude oil price spread has reached unseen levels