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. 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. 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. Argentina is rapidly emerging as a major south american oil and natural gas producer, driven by the successful exploitation of the massive vaca muerta shale play.
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