The US crude oil benchmark. Very sensitive to supply news, OPEC+ decisions and the global growth outlook.
Based on front-month NYMEX WTI crude futures. Percentage moves line up closely with a CFD price; exact levels can differ a little.
| 20-day average | 96.04 |
| 50-day average | 88.58 |
| 200-day average | 82.38 |
Price is above its 50-day average, and the 50-day is above the 200-day: the textbook definition of an uptrend. In the shorter term, price is below its 20-day average.
US Oil is 56% of the way from its 12-month low to its 12-month high. A typical day covers about $5.02, which is worth knowing before you set a stop: much tighter than that and normal daily noise can take you out.
From front-month NYMEX WTI crude futures. Your broker's CFD price can sit a little above or below these, so treat them as zones rather than exact prices. We tested whether pivots hold more often than random levels: they don't →
| Previous high | 93.68 |
| Previous close | 92.87 |
| Previous low | 88.79 |
| Pivot R1 | 94.77 |
| Daily pivot | 91.78 |
| Pivot S1 | 89.88 |
| This week's open | 93.58 |
What usually drives US Oil: OPEC+ output, weekly US inventory figures (Wednesdays), geopolitics in producing regions and global demand, especially from China.
| VIX (fear gauge) | 15.31 · normal · +0.44 on the week |
| US 10-year yield | 5.28% · +9bp on the week |
| US dollar index | 101.93 · +0.96 on the week |
What the big speculators hold, from the weekly CFTC Commitments of Traders report.
| Net position (NYMEX WTI crude futures) | +109,463 contracts |
| Change on the week | −31,643 |
| Share of open interest | +5.8% |
| Where that sits over 3 years | 17th percentile |
Large speculators are net long as of Tue 29 Sep. COT reports →
Scheduled US data and speeches from the Satdish economic calendar.
No scheduled events in the calendar right now.