What are the oil price charts?

The oil price charts offer live data and comprehensive price action on WTI Crude and Brent Crude patterns. Get information on key pivot points, support and resistance and crude oil news today. Daily Classical Pivot Points.

When should you check the WTI crude oil price?

When traders need the current oil price, they check the WTI Crude Oil price. WTI (West Texas Intermediate, a US light sweet crude oil blend) futures provide direct crude oil exposure and are the most efficient way to trade oil after a sharp rise in US crude oil production.

How does crude oil affect gas prices?

Gasoline prices are impacted by crude oil price changes and can be traded with RBOB futures or RBOB as a spread to WTI. Crude oil costs account for 56% of the average price of a gallon of heating oil or ultra-low-sulfur diesel. North Sea Brent represents the price of light, sweet crude oil in Europe.

What are WTI crude oil futures?

WTI (West Texas Intermediate, a US light sweet crude oil blend) futures provide direct crude oil exposure and are the most efficient way to trade oil after a sharp rise in US crude oil production. Use WTI Crude Oil futures to hedge against adverse oil price moves or speculate on whether WTI oil prices will rise or fall.