NETSPIRES — Procurement and Supply Market Intelligence

Market driver · upstream reference

WTI crude

A U.S. crude benchmark that can influence refinery economics and oil-linked feedstock pressure.

Cushing, Oklahoma · Monthly · OBSERVED

Latest available · 2026-0780.46 $/barrel↓ -5.13% · 2026-06 to 2026-07

Buyer takeaway

WTI crude fell 5.13% month over month, indicating easing pressure in this upstream reference. It does not predict a supplier or resin transaction price.

Explore the available history

Showing exact source-native monthly periods; no daily date is invented.

80.46
Available monthly observations · $/barrel · zero-based scale · source-native precision

Why buyers track it

Commercial context

A U.S. crude benchmark that can influence refinery economics and oil-linked feedstock pressure.

Possible influence path

From signal to process pressure

Crude benchmark → refinery economics → naphtha/feedstock pressure → petrochemicals

Factors that moderate the relationship

Transmission varies by route and timing

A falling benchmark can ease upstream pressure, but refinery margins, regional supply and contracts can offset it.

Source and limits

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.

How this number was prepared

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.