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Crude Oil (WTI)

WTI crude oil spot price, the upstream of gas prices.

Crude Oil (WTI)
$85
Dollars per barrel · latest, Jun 2026
vs prior month▼ 17.0%
vs year ago▲ 24.4%
1990-91 Recession · Jul 1990 – Mar 19912001 Recession · Mar 2001 – Nov 2001Global Financial Crisis · Dec 2007 – Jun 2009COVID-19 Recession · Feb 2020 – Apr 2020$20$40$60$80$100$12019901995200020052010201520202025$85
Crude Oil (WTI) — one value per year; US recessions are shaded on the chart.
YearCrude Oil (WTI)
1986$16
1987$17
1988$16
1989$21
1990$27
1991$20
1992$19
1993$15
1994$17
1995$19
1996$25
1997$18
1998$11
1999$26
2000$28
2001$19
2002$29
2003$32
2004$43
2005$59
2006$62
2007$92
2008$41
2009$74
2010$89
2011$99
2012$88
2013$98
2014$59
2015$37
2016$52
2017$58
2018$50
2019$60
2020$47
2021$72
2022$76
2023$72
2024$70
2025$58
2026$85

Hover the line to read any month. Drag across the chart to zoom; double-click to reset.

Source: FRED · MCOILWTICO · series · Jan 1986 to Jun 2026 · latest-revised

Refreshed Jul 31, 2026 from FRED.

WTI crude oil spot price, the upstream of gas prices.

West Texas Intermediate crude oil spot price, the US benchmark.

Source: FRED · Jun 2026 · Full lesson → Learn

About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event up with a move is not evidence it caused the move.