The latest reading, $101.91 a barrel for 14 Oct 2026, was up $1.05 a barrel from the previous day. A year earlier it was $58.30 a barrel.
Projection
No statistical model we tested has beaten a simple no-change assumption on this series over the past 49 weeks of backtests, so gov.house does not publish a projection line here. What the history does tell us is how far the series usually moves:
| Over the next | Usual move (4 in 5 cases) | Range from today's 101.91 |
|---|---|---|
| 4 weeks | ±19.57 | 82.34 to 121.48 |
| 8 weeks | ±28.78 | 73.13 to 130.69 |
| 13 weeks | ±37.70 | 64.21 to 139.61 |
A statistical projection, not a prediction of policy and not investment advice. How the projections work.
About this data
Spot price of West Texas Intermediate crude oil at Cushing, Oklahoma, from the Energy Information Administration, via FRED.
What it measures
The daily spot price of a barrel of West Texas Intermediate, the US benchmark crude, delivered at Cushing, Oklahoma.
Why it matters
Oil feeds into gasoline, diesel, airfares and shipping costs, so it moves headline inflation within weeks. It also shapes sanctions policy, decisions on the Strategic Petroleum Reserve and the fortunes of US producing states.
gov.house refreshes this page automatically from the official source twice a day. Figures are shown as published; recent values can be revised by the source agency.
Latest values
| Date | West Texas Intermediate |
|---|---|
| 14 OCT 2026 | 101.91 |
| 13 OCT 2026 | 100.86 |
| 12 OCT 2026 | 98.73 |
| 09 OCT 2026 | 98.73 |
| 08 OCT 2026 | 98.26 |
| 07 OCT 2026 | 95.02 |
| 06 OCT 2026 | 96.24 |
| 05 OCT 2026 | 96.13 |
| 02 OCT 2026 | 97.89 |
| 01 OCT 2026 | 99.77 |
| 30 SEP 2026 | 97.18 |
| 29 SEP 2026 | 96.16 |