Oil Price Forecast: Strait of Hormuz Risks Keep WTI and Brent Near Key Breakouts
Oil prices remain supported by Strait of Hormuz tensions, but rising U.S. inventories may limit gains as WTI and Brent approach important breakout levels.
iPath Pure Beta Crude Oil ETN
Commodity
WTI
iPath Pure Beta Crude Oil ETN
Market Open
28.42000
USD
+0.27
(
+0.96%
)
Today’s Change
Price Chart WTI
Historical price movements
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Advanced Technical Chart WTI
Live chart with indicators, drawing tools, comparisons and technical analysis.Trading Statistics
Opening Price
28.31
Today’s High
28.45
Today’s Low
28.10
Previous Close
28.15
Day Range
28.1044 - 28.4498
52-Week High
31.45
52-Week Low
25.31
Trading Volume
10,303
Price History
| Date | Close | High | Low | Volume | Change % |
|---|---|---|---|---|---|
| 2026-08-26 | 3.5700 | 3.6400 | 3.5100 | 2,778,024 | +1.71% |
| 2026-08-25 | 3.6000 | 3.7000 | 3.6000 | 2,614,835 | -0.55% |
| 2026-08-24 | 3.8000 | 3.8900 | 3.7000 | 2,692,741 | -1.30% |
| 2026-08-21 | 3.9200 | 4.0700 | 3.8600 | 3,442,399 | -2.73% |
| 2026-08-20 | 4.0100 | 4.1700 | 3.9400 | 4,244,100 | +0.25% |
| 2026-08-19 | 3.8600 | 3.9600 | 3.8400 | 2,745,000 | +0.52% |
| 2026-08-18 | 3.8300 | 3.8900 | 3.7600 | 2,792,200 | -0.52% |
| 2026-08-17 | 3.7500 | 3.7600 | 3.5800 | 2,591,039 | +2.18% |
| 2026-08-17 | 3.7500 | 3.7600 | 3.5800 | 2,596,922 | +2.18% |
| 2026-08-14 | 3.6700 | 3.7200 | 3.6200 | 2,027,411 | +0.55% |
| 2026-08-14 | 3.6700 | 3.7200 | 3.6200 | 2,027,411 | +0.55% |
| 2026-08-13 | 3.6200 | 3.6400 | 3.5200 | 2,798,700 | +0.84% |
| 2026-08-13 | 3.6200 | 3.6400 | 3.5200 | 2,798,700 | +0.84% |
| 2026-08-12 | 3.6800 | 3.8000 | 3.6700 | 4,143,202 | -2.65% |
| 2026-08-12 | 3.6800 | 3.8000 | 3.6700 | 4,143,202 | -2.65% |
| 2026-08-11 | 3.8100 | 3.9700 | 3.7200 | 5,988,230 | +1.60% |
| 2026-08-11 | 3.8100 | 3.9700 | 3.7200 | 5,988,230 | +1.60% |
| 2026-08-10 | 3.8200 | 3.8700 | 3.5300 | 6,281,900 | +8.22% |
| 2026-08-10 | 3.8200 | 3.8700 | 3.5300 | 6,281,900 | +8.22% |
| 2026-08-07 | 3.4300 | 3.5400 | 3.2300 | 5,845,500 | +4.89% |
| 2026-08-07 | 3.4300 | 3.5400 | 3.2300 | 5,845,500 | +4.89% |
| 2026-08-06 | 3.3400 | 3.4700 | 3.2600 | 5,447,515 | -3.47% |
| 2026-08-06 | 3.3400 | 3.4700 | 3.2600 | 5,447,515 | -3.47% |
| 2026-08-05 | 3.2500 | 3.4100 | 3.2500 | 4,815,328 | -4.13% |
| 2026-08-05 | 3.2500 | 3.4100 | 3.2500 | 4,815,328 | -4.13% |
| 2026-08-04 | 3.4200 | 3.4600 | 3.3400 | 4,500,530 | +1.79% |
| 2026-08-04 | 3.4200 | 3.4600 | 3.3400 | 4,500,530 | +1.79% |
| 2026-08-03 | 3.5100 | 3.5500 | 3.3000 | 5,433,200 | +4.78% |
| 2026-08-03 | 3.5100 | 3.5500 | 3.3000 | 5,433,200 | +4.78% |
| 2026-07-31 | 3.5900 | 3.6200 | 3.4600 | 3,213,823 | +2.57% |
| 2026-07-31 | 3.5900 | 3.6200 | 3.4600 | 3,213,823 | +2.57% |
| 2026-07-30 | 3.4600 | 3.4800 | 3.3300 | 3,554,700 | +0.58% |
| 2026-07-30 | 3.4600 | 3.4800 | 3.3300 | 3,554,700 | +0.58% |
| 2026-07-29 | 3.5300 | 3.5600 | 3.3800 | 5,552,345 | +3.82% |
| 2026-07-29 | 3.5300 | 3.5600 | 3.3800 | 5,552,345 | +3.82% |
| 2026-07-28 | 3.1800 | 3.3300 | 3.1300 | 3,775,733 | -3.64% |
| 2026-07-28 | 3.1800 | 3.3300 | 3.1300 | 3,775,733 | -3.64% |
| 2026-07-27 | 3.3100 | 3.5700 | 3.3100 | 4,313,000 | -2.36% |
| 2026-07-27 | 3.3100 | 3.5700 | 3.3100 | 4,313,000 | -2.36% |
| 2026-07-24 | 3.6600 | 3.8100 | 3.6300 | 4,140,300 | -2.40% |
| 2026-07-24 | 3.6600 | 3.8100 | 3.6300 | 4,140,300 | -2.40% |
| 2026-07-23 | 3.8500 | 3.9800 | 3.8200 | 5,004,038 | -1.03% |
| 2026-07-23 | 3.8500 | 3.9800 | 3.8200 | 5,004,038 | -1.03% |
| 2026-07-22 | 3.7200 | 3.8100 | 3.6500 | 3,793,800 | 0.00% |
| 2026-07-22 | 3.7200 | 3.8100 | 3.6500 | 3,793,800 | 0.00% |
| 2026-07-21 | 3.6300 | 3.6800 | 3.5300 | 3,698,300 | +2.83% |
| 2026-07-21 | 3.6300 | 3.6800 | 3.5300 | 3,698,300 | +2.83% |
| 2026-07-20 | 3.5100 | 3.5800 | 3.3400 | 3,827,820 | +3.54% |
| 2026-07-20 | 3.5100 | 3.5800 | 3.3400 | 3,827,820 | +3.54% |
| 2026-07-17 | 3.4900 | 3.5000 | 3.2800 | 4,623,204 | +1.45% |
| 2026-07-17 | 3.4900 | 3.5000 | 3.2800 | 4,623,204 | +1.45% |
| 2026-07-16 | 3.3300 | 3.4800 | 3.3100 | 2,524,145 | -3.48% |
| 2026-07-16 | 3.3300 | 3.4800 | 3.3100 | 2,524,145 | -3.48% |
| 2026-07-15 | 3.4100 | 3.6200 | 3.3200 | 3,430,929 | -5.01% |
| 2026-07-15 | 3.4100 | 3.6200 | 3.3200 | 3,430,929 | -5.01% |
| 2026-07-14 | 3.5900 | 3.6000 | 3.4800 | 4,822,929 | +0.56% |
| 2026-07-14 | 3.5900 | 3.6000 | 3.4800 | 4,822,929 | +0.56% |
| 2026-07-13 | 3.5500 | 3.6300 | 3.4000 | 5,100,149 | -0.84% |
| 2026-07-13 | 3.5500 | 3.6300 | 3.4000 | 5,100,149 | -0.84% |
| 2026-07-10 | 3.3700 | 3.4500 | 3.2600 | 2,988,744 | -1.75% |
| 2026-07-10 | 3.3700 | 3.4500 | 3.2600 | 2,988,744 | -1.75% |
| 2026-07-09 | 3.4100 | 3.5700 | 3.3800 | 4,217,300 | -3.67% |
| 2026-07-09 | 3.4100 | 3.5700 | 3.3800 | 4,217,300 | -3.67% |
| 2026-07-08 | 3.5900 | 3.7500 | 3.4700 | 9,203,000 | +0.84% |
| 2026-07-08 | 3.5900 | 3.7500 | 3.4700 | 9,203,000 | +0.84% |
| 2026-07-07 | 3.3100 | 3.4300 | 3.1400 | 4,378,900 | +5.41% |
| 2026-07-07 | 3.3100 | 3.4300 | 3.1400 | 4,378,900 | +5.41% |
| 2026-07-06 | 3.0900 | 3.1700 | 3.0300 | 2,183,500 | +1.64% |
| 2026-07-06 | 3.0900 | 3.1700 | 3.0300 | 2,183,500 | +1.64% |
| 2026-07-02 | 3.0900 | 3.1800 | 3.0400 | 2,200,835 | 0.00% |
| 2026-07-02 | 3.0900 | 3.1800 | 3.0400 | 2,200,835 | 0.00% |
| 2026-07-01 | 3.0800 | 3.2200 | 3.0600 | 2,189,400 | -2.22% |
| 2026-07-01 | 3.0800 | 3.2200 | 3.0600 | 2,189,400 | -2.22% |
| 2026-06-30 | 3.1500 | 3.2800 | 3.1300 | 2,694,525 | -1.25% |
| 2026-06-30 | 3.1500 | 3.2800 | 3.1300 | 2,694,525 | -1.25% |
| 2026-06-29 | 3.2000 | 3.3000 | 3.1400 | 2,127,926 | -2.74% |
| 2026-06-29 | 3.2000 | 3.3000 | 3.1400 | 2,127,926 | -2.74% |
| 2026-06-26 | 3.2700 | 3.2700 | 3.0600 | 8,256,600 | +3.48% |
| 2026-06-26 | 3.2700 | 3.2700 | 3.0600 | 8,256,600 | +3.48% |
| 2026-06-25 | 3.1900 | 3.2200 | 3.0700 | 3,255,045 | +2.90% |
| 2026-06-25 | 3.1900 | 3.2200 | 3.0700 | 3,255,045 | +2.90% |
| 2026-06-24 | 3.1300 | 3.2100 | 3.0800 | 3,590,438 | -2.49% |
| 2026-06-24 | 3.1300 | 3.2100 | 3.0800 | 3,590,438 | -2.49% |
| 2026-06-23 | 3.3300 | 3.4100 | 3.2600 | 3,052,600 | +1.83% |
| 2026-06-23 | 3.3300 | 3.4100 | 3.2600 | 3,052,600 | +1.83% |
| 2026-06-22 | 3.3100 | 3.3400 | 3.1900 | 4,835,244 | +2.16% |
| 2026-06-22 | 3.3100 | 3.3400 | 3.1900 | 4,835,244 | +2.16% |
| 2026-06-18 | 3.2100 | 3.2200 | 3.0300 | 7,054,832 | +0.31% |
| 2026-06-18 | 3.2100 | 3.2200 | 3.0300 | 7,054,832 | +0.31% |
| 2026-06-17 | 3.3100 | 3.3300 | 3.2000 | 4,263,119 | +3.12% |
| 2026-06-17 | 3.3100 | 3.3300 | 3.2000 | 4,263,119 | +3.12% |
| 2026-06-16 | 3.2200 | 3.3400 | 3.1700 | 5,208,000 | -1.83% |
| 2026-06-16 | 3.2200 | 3.3400 | 3.1700 | 5,208,000 | -1.83% |
| 2026-06-15 | 3.3900 | 3.5400 | 3.3800 | 7,002,900 | -2.31% |
| 2026-06-15 | 3.3900 | 3.5400 | 3.3800 | 7,002,900 | -2.31% |
| 2026-06-12 | 4.0600 | 4.2200 | 3.9400 | 4,693,800 | +1.50% |
| 2026-06-12 | 4.0600 | 4.2200 | 3.9400 | 4,693,800 | +1.50% |
| 2026-06-11 | 4.1100 | 4.4600 | 4.0800 | 5,995,928 | -4.86% |
| 2026-06-11 | 4.1100 | 4.4600 | 4.0800 | 5,995,928 | -4.86% |
| 2026-06-10 | 4.2800 | 4.3700 | 3.9200 | 7,976,500 | +8.35% |
Latest News
Latest WTI market headlines
Natural Gas and Oil Forecast: WTI Eyes $84.74 Despite Surprise U.S. Crude Build
Oil markets balance Hormuz supply risks against API's 9.1M-barrel crude build as WTI and Brent hold bullish breakouts ahead of EIA data.
Oil News: WTI and Brent Could Extend Rebound if Hormuz Traffic Stays Restricted
WTI and Brent rebound as Iran's Hormuz terms delay reopening, keeping tanker traffic restricted and inventories under pressure.
W&T Offshore Q2 Earnings Call Highlights
W&T Offshore NYSE: WTI reported second-quarter 2026 net income of $12.6 million, or $0.08 per share, alongside adjusted EBITDA of more than $54 million, Chairman and CEO Tracy Krohn said during the company's earnings call. The adjusted EBITDA result was in line with the first quarter, bringing the first-half total to nearly $110 million.
Prices and information on this page are provided for informational purposes only and should not be considered a recommendation to buy, sell, or invest.