Detailed analysis of crude oil price movements and crude oil news which looks at geopolitics and technical advancements affecting the oil sector The current price of west texas intermediate (wti) crude oil today is $60.98 per barrel Live charts, historical data, futures contracts, and breaking news on wti prices can be found below. Oil production growth is slowing due to natural depletion and rising costs, especially in the permian basin, but new federal estimates could offset geological limits. And canadian rig count and drilling data, and use oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province. Crude oil prices extended their thursday gains earlier today, set for a weekly rise as the prospect of peace in the ukraine dimmed amid seemingly incompatible demands from the warring parties.
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