Why buyers track it
Commercial context
A U.S. crude benchmark that can influence refinery economics and oil-linked feedstock pressure.
Market driver · upstream reference
A U.S. crude benchmark that can influence refinery economics and oil-linked feedstock pressure.
Buyer takeaway
Showing exact source-native monthly periods; no daily date is invented.
Why buyers track it
A U.S. crude benchmark that can influence refinery economics and oil-linked feedstock pressure.
Possible influence path
Crude benchmark → refinery economics → naphtha/feedstock pressure → petrochemicals
Factors that moderate the relationship
A falling benchmark can ease upstream pressure, but refinery margins, regional supply and contracts can offset it.
Source: U.S. Energy Information Administration (EIA) · Official series page (opens in a new tab)
Cushing, Oklahoma WTI spot price FOB is an upstream benchmark or broad industrial average. It is not an observed resin, supplier, plant, compound, part, or transaction price.
REFERENCE DATA. Review the stated source, unit, geography and period before applying the result.
Source series: RWTC. The displayed change compares the exact monthly observations for 2026-06 and 2026-07. Missing endpoints are not estimated.
Data status: source observation (OBSERVED); month-over-month difference (DERIVED); data snapshot dated 2026-08-14T00:00:00Z.