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2 days ago · Venezuela may be forced to start shutting in oil production as it runs out of storage space amid the U.S. tanker blockade, Bloomberg has reported, citing unnamed sources.

The current price of West Texas Intermediate (WTI) crude oil today is $56.02 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below.

3 days ago · Oil prices climbed after President Trump announced a blockade of sanctioned Venezuelan oil tankers, though weak global fundamentals capped the market’s upside.

Jun 22, 2025 · Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.

2 days ago · The global oil market looks well-supplied at the end of the year, with output sufficient to absorb a supply disruption in Venezuela, the world’s biggest crude resource holder.

Jul 28, 2025 · U.S. crude oil production from onshore federal lands reached a record high in 2024, largely driven by increased activity in New Mexico's Permian Basin, while offshore production growth …

Sep 11, 2020 · Find U.S. and Canadian rig count and drilling data, and use Oilprice.com's graphing tools to compare oil prices, frac spread, production and drilling data per basin or province.

Dec 12, 2025 · An explosion occurred earlier this week at a key onshore natural gas pipeline in Nigeria, disrupting operations at the link shipping gas to industrial users and power plants, Nigeria’s state oil ...