WTI crude oil spot price vs Crude oil production in United States

In 2027, WTI crude oil spot price in United States was 70 USD per barrel (forecast); crude oil production was 14.3 million barrels per day (forecast).

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United States, spaced by time from 2024 to 2027 . Different units, drawn on separate scales and clipped to the years both series publish — earlier history stays on each indicator's own page. Read the values, not the heights.

WTI crude oil spot price

Unit: USD per barrel · 4 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

WTI crude oil spot priceWTI crude oil spot price. 4 observations from 2024 to 2027, ranging from 65 USD per barrel to 85 USD per barrel, of which 2 are forecasts. Latest value 70 USD per barrel (2027). USD per barrel 0 20 40 60 80 100 2024 2025 2026 2027 FORECAST 77 70
WTI crude oil spot priceWTI crude oil spot price. 4 observations from 2024 to 2027, ranging from 65 USD per barrel to 85 USD per barrel, of which 2 are forecasts. Latest value 70 USD per barrel (2027). USD per barrel 0 30 60 90 2024 2025 2026 2027 FORECAST 77 70
WTI crude oil spot priceWTI crude oil spot price. 4 observations from 2024 to 2027, ranging from 65 USD per barrel to 85 USD per barrel, of which 2 are forecasts. Latest value 70 USD per barrel (2027). USD per barrel 0 30 60 90 2024 2025 2026 2027 FORECAST 77 70
View the underlying data
WTI crude oil spot price
Period Type Value
2024 Actual 77 USD per barrel
2025 Actual 65 USD per barrel
2026 Forecast 85 USD per barrel
2027 Forecast 70 USD per barrel
Source: EIA · CC BY 4.0 · Full series

Crude oil production

Unit: million barrels per day · 4 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Crude oil productionCrude oil production. 4 observations from 2024 to 2027, ranging from 13.3 million barrels per day to 14.3 million barrels per day, of which 2 are forecasts. Latest value 14.3 million barrels per day (2027). million barrels per day 0 3 6 9 12 15 2024 2025 2026 2027 FORECAST 13.3 14.3
Crude oil productionCrude oil production. 4 observations from 2024 to 2027, ranging from 13.3 million barrels per day to 14.3 million barrels per day, of which 2 are forecasts. Latest value 14.3 million barrels per day (2027). million barrels per day 0 5 10 15 2024 2025 2026 2027 FORECAST 13.3 14.3
Crude oil productionCrude oil production. 4 observations from 2024 to 2027, ranging from 13.3 million barrels per day to 14.3 million barrels per day, of which 2 are forecasts. Latest value 14.3 million barrels per day (2027). million barrels per day 0 5 10 15 2024 2025 2026 2027 FORECAST 13.3 14.3
View the underlying data
Crude oil production
Period Type Value
2024 Actual 13.3 million barrels per day
2025 Actual 13.7 million barrels per day
2026 Forecast 13.8 million barrels per day
2027 Forecast 14.3 million barrels per day
Source: EIA · CC BY 4.0 · Full series

Shared periods

Side by side

Only 4 periods are published for both series in United States. Comparing anything else would mean comparing different years.

Provenance

Where these numbers come from

WTI crude oil spot price

Average benchmark spot price for West Texas Intermediate crude oil.

4 observations in United States · source organisations: EIA

Crude oil production

Total volume of crude oil produced from underground hydrocarbon reservoirs.

4 observations in United States · source organisations: EIA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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