West Texas Intermediate (WTI) futures opened at $57.50 per barrel (bbl) on October 21, 2025. Brent crude opened at $61.00 per barrel. Both benchmarks remain closely watched gauges of global energy supply and demand. WTI futures are trading at $57.21/bbl, as of 9:24 a.m. ET. That’s down 0.49% since yesterday’s close.

Discover how West Texas Intermediate (WTI) serves as a key benchmark for U.S. oil, its role in NYMEX futures, and how it compares with Brent crude.

WTI crude oil slides to $56.8 amid record seaborne storage of 1.24 billion barrels. Click here for more information on WTI Crude.

A bullish reversal forms in crude oil, but further gains depend on Russian supply cuts and a breakout above key resistance at $63.74.

A breakout of $67 can add more fuel to the uptrend, potentially leading to a rally to $71, a resistance. Subsequent resistance is $74. A breakout of this can turn the medium-term outlook positive, where the contract can rally to $80.

December WTI crude oil (CLZ25 ) today is up +1.17 (+2.04%), and December RBOB gasoline (RBZ25 ) is up +0.0352 (+1.99%). Crude oil and gasoline prices are up sharply today, reaching one-week highs. Crude prices jumped today after India's Mint newspaper reported that the US and India are nearing

Over 1.2 billion barrels of oil are currently in transit on tankers, driven by increased supply from OPEC+ and non-OPEC+ exporters, longer voyages, and rising production from the Americas.

India’s largest private refiner and top buyer of Russian crude oil, said it will comply with all sanctions imposed by the European Union (EU), US, and UK on imports of Russian crude and exports of refined products to Europe.