The Basin Report

West Texas Crude – WTI

Odessa, TX – The barrel of crude stabilized in the lower $40’s throughout the month of July.  The West Texas Intermediate posted price peaks above $41 to start the month of August.

Crude Oil WTI (NYM $/bbl)
$41.70
Last Updated:  August 4, 2020 at 5:00 p.m. CDT

 

RECENT CONTRACTS Last Chg Open High Low
Crude Oil Sep 2020 40.78 -0.23 40.78 40.84 40.57
Crude Oil Front Month 40.78 -0.23 40.78 40.84 40.57
Crude Oil Oct 2020 41.06 -0.25 41.08 41.11 40.86
Crude Oil Nov 2020 41.40 -0.28 41.39 41.44 41.21
Crude Oil Dec 2020 41.69 -0.30 41.67 41.74 41.49
Crude Oil Jan 2021 41.99 -0.29 41.80 41.99 41.80
Crude Oil Feb 2021 42.16 -0.40 42.22 42.22 42.06
Crude Oil Mar 2021 42.48 -0.36 42.48 42.48 42.48
Crude Oil Apr 2021 42.76 0.56 41.98 43.15 41.70
Crude Oil May 2021 42.91 -0.39 42.91 42.91 42.91

 
West Texas Intermediate crude stabilized in the upper $30s over the months of May and June.  July closed the a little better, finishing the month in the low $40’s.

 

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