Why are WTI Prices so high?
09-12-2025 - Over the past month, the price of WTI crude oil has seen a slight decrease, moving from $59.43 per barrel to $58.88 per barrel. This reflects minor market fluctuations and a modest decline in the value of this commodity. The forecast predicts a further decrease to $57.8 per barrel, a 1.8% drop from the current $58.88 per barrel, suggesting a generally flat to slightly downward trend. This trend introduces potential volatility in raw material prices, which could impact market stability.
The forecast also indicates a significant downward price impact of -$1.85 per barrel, influenced by factors such as Seaborne Imports & Exports and Exchange Rates. However, Demand, Supply, and Technical data suggest upward pressure, presenting mixed signals for raw material prices.
Additionally, the U.S. Energy Information Administration (EIA) projects a decline in WTI crude oil prices, forecasting an average of $55 per barrel in 2026, down from $62.33 per barrel in 2025. This projection is consistent with the forecast of $57.8 per barrel for the upcoming month, reinforcing the downward trend in WTI prices. Overall, the market is experiencing slight declines with mixed signals, indicating potential volatility and a cautious outlook for the future.
The forecast also indicates a significant downward price impact of -$1.85 per barrel, influenced by factors such as Seaborne Imports & Exports and Exchange Rates. However, Demand, Supply, and Technical data suggest upward pressure, presenting mixed signals for raw material prices.
Additionally, the U.S. Energy Information Administration (EIA) projects a decline in WTI crude oil prices, forecasting an average of $55 per barrel in 2026, down from $62.33 per barrel in 2025. This projection is consistent with the forecast of $57.8 per barrel for the upcoming month, reinforcing the downward trend in WTI prices. Overall, the market is experiencing slight declines with mixed signals, indicating potential volatility and a cautious outlook for the future.
What is the current / spot price of WTI?
WTI Price Today
December 9, 2025
Current Price
58.88
$/bl
What is the forecast for the price of WTI?
WTI Price Forecast
December 9, 2025
1 Month Forecast
57.8
$/bl
1 Year Forecast
68.75
$/bl
What are the short-term drivers of WTI prices?
Over the 1 Month horizon the outlook is bearish due to drivers such as: - Crude exports from Nigeria - LPG exports from United States - Short term price trends Br(None) The top contrary drivers for the 1 Month horizon are: - Long term price trends - Seasonality trends for the prediction month of year
What are the long-term drivers of WTI prices?
Over the 1 Year horizon the outlook is bullish due to drivers such as: - The shape of the futures curve (adjusted for the risk free rate and price volatility) - Seasonality trends for the prediction month of year Br(None) The top contrary drivers for the 1 Year horizon are: - The shape of the futures curve - Euroil Crude Stocks
Will the price of WTI go up?
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The Latest WTI News
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