WTI crude oil
The price of West Texas Intermediate, the main North American crude benchmark, per barrel.
Monthly average, delayed Observed 2026-10 · retrieved 2026-11-05 · Source: World Bank Commodity Price Data (Pink Sheet) · Not a live quote.
WTI crude oil over time
Monthly observations. Use the period buttons to change the range; the table beneath the chart lists the values.
WTI crude oil
US$ per bbl. US dollars; monthly average.
Chart loads when it comes into view.
Latest values: WTI crude oil 97.7 (2026-10).
Related relationships: World oil price (WTI) · 8 relationships use this data as evidence
Quotation convention. US dollars; monthly average.
What this indicator is and why it is watched
What it measures
The price of West Texas Intermediate, the main North American crude benchmark, per barrel.
Why it is watched
Oil is one of Canada's largest exports, and Alberta's output and public revenues are sensitive to it.
How it connects to the wider economy
Context, not a claim of cause.
Canadian crude is priced at a discount to WTI that varies with transport and quality; that differential (Western Canadian Select) is not held in this build.
Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.
How the data are produced
- Publisher
- World Bank Commodity Price Data (Pink Sheet)
- Dataset
- Pink Sheet (monthly prices)
- Frequency
- Monthly
- Unit
- US$ per bbl
- Observations
- 442 (long history)
- Retrieved
- 2026-11-05
- Series id
gl13_crude_oil_wti
Monthly average prices from the World Bank Commodity Price Data (Pink Sheet). They are monthly averages, not live or daily quotes, and are in US dollars.
Source: World Bank, Commodity Price Data (The Pink Sheet), Crude oil, WTI, updated November 03, 2026. CC BY (version per the Bank licence page); no changes to values.
Licence conditions: see source terms: https://datacatalog.worldbank.org/public-licenses; attribution required.
Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.
Take it into Intelligence Studio
Add this indicator to a workspace with related series and the recorded relationships.
Questions worth testing
- Do oil prices and the Canadian dollar move together?
- Do oil prices and Canadian crude export values move together?
In Studio, the Scenarios tab can ask a what-if question about this indicator. Scenario Intelligence applies its usual checks: when there is too little history, the series are not comparable or the relationship is not stable, it reports “not enough evidence” rather than a number.