WTI Oil (CL) Price Today, Forecasts & News

Stats

Prev. Close

80.955

High

81.206

Low

80.885

Ask

81.226

Bid

81.186

Spread

0.0400

Price Drivers

United States GDP Annual Growth Rate

Brent Oil

United States Interest Rate

Value:1.00%

Strong U.S. GDP Growth is bullish for WTI oil as demand for oil grows together with the economy.

EUR/USD

S&P Industrial Sector

Value:$1.08700

Weaker EUR/USD is bearish for WTI oil as WTI oil is quoted in U.S. dollars

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Economic CalendarAll Events

Time zone: GMT

Thursday, January 26th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
13:30	USD	Durable Goods Orders Ex Transp MoMDec	Medium	-0.1%	-0.2%	0.1%
15:00	USD	New Home Sales MoMDec	Medium	2.3%	-2%	0.7%
15:00	USD	New Home SalesDec	Medium	0.616M	0.617M	0.602M

Friday, January 27th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:30	AUD	PPI QoQQ4	Medium	0.7%		1.9%
07:45	EUR	Consumer ConfidenceJan	Medium		83	82
10:30	EUR	ECB President Lagarde Speech	Medium
13:30	USD	PCE Price Index MoMDec	Medium		0.1%	0.1%