Crude Oil Prices: West Texas Intermediate (WTI)

DCOILWTICO

WTI crude oil is the U.S. oil benchmark. Every $10/barrel rise costs U.S. consumers ~$40B/year and adds roughly 0.4% to headline CPI. Sustained declines relieve inflationary pressure.

Loading 10Y
Series IDDCOILWTICO
FrequencyDaily
UnitsDollars per Barrel
SourceFRED / St. Louis Fed
Observations0

SOURCE: FEDERAL RESERVE ECONOMIC DATA (FRED) · 0 OBSERVATIONS