Oil prices: WTI and Brent, up 60% in a year

UXS video · Statistics · 0:55 · Published

UXS video · synthetic voice · Mixkit music · MP4, 4.7 MB

What this video covers

WTI and Brent crude spot prices from the EIA via FRED, including the one-year jump to November 3, 2026 and the negative WTI close of April 2020. It closes with the main forces that move oil.

Sources and the longer explanation: Oil Price History: WTI and Brent Crude Chart and Monthly Data.

Numbers shown on screen

  • $99.64: WTI, per barrel
  • $107.03: Brent, per barrel
  • +61.3%: WTI, one-year change
  • −$36.98
  • Low: $59.93
  • High: $138

How the visuals were made

In 0:55 the video moves through 7 scenes, including an animated line chart, “WTI and Brent, $ per barrel”, drawn from FRED series DCOILWTICO from 2018-01, FRED series DCOILBRENTEU from 2018-01; a checklist, “What moves oil prices”; a column chart, “Brent, 52-week range, $ per barrel”; a side-by-side comparison of WTI and Brent. All graphics were rendered frame by frame by UXS; no stock footage, logos or faces are used.

Chapters

  • 0:00 Spot prices, November 3, 2026
  • 0:10 WTI, one-year change
  • 0:16 WTI and Brent, $ per barrel
  • 0:26 What moves oil prices
  • 0:34 Brent, 52-week range, $ per barrel
  • 0:42
  • 0:51 Risk note

Transcript

WTI crude was $99.64 a barrel and Brent $107.03 on November 3, 2026.

WTI is up 61.3% from $61.79 a year earlier.

And on April 20, 2020, WTI closed at minus $36.98 as storage filled up. That is in the data, not an error.

What moves oil: OPEC+ supply, US output and inventories, global demand, the dollar, and geopolitical risk.

Brent's 52-week range of daily spot prices runs from $59.93 to $138.

Brent usually trades above WTI. The gap widens when shipping or supply problems hit seaborne oil harder than US inland supply.

Educational only, not financial advice.