WTI Crude Oil Prices man

WTI crude oil prices averaged USD 100.90 per barrel in April, up 10.4% from March. On 30 April, the commodity traded at USD 108.64 per barrel, up 5.6% from 31 March.

In April, the increase in WTI prices outpaced Brent’s, pushing down Brent’s premium over WTI to around July 2025’s near four-year low. With U.S. oil supply seen as more reliable than the Gulf’s due to the Iran war, U.S. oil exports hit a record high in April. Looking at other data, in February, U.S. oil output rose from January but remained below late 2025’s record highs. Meanwhile, U.S. oil inventories fell over four times more than economists expected on a cumulative basis in the four weeks to 29 April.