USD/barrel
WTI Crude Oil
69.60
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Energy Reference Price Table
| Commodity | Reference price | Quote unit | Data date |
|---|---|---|---|
| WTI Crude Oil | 69.60 | USD/barrel | Jul 6, 2026 |
| Brent Crude Oil | 69.56 | USD/barrel | Jul 6, 2026 |
| Natural Gas | 3.290 | USD/MMBtu | Jul 6, 2026 |
WTI/Brent Spread
The spread compares WTI minus Brent in USD/barrel when both reference prices are available.
WTI/Brent SpreadEnergy
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WTI vs Brent Comparison Chart
This chart compares WTI and Brent reference price history.
WTI vs Brent Comparison Chart
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Natural Gas Reference Price Chart
This separate chart keeps natural gas apart from crude oil because the unit is different.
Natural Gas Reference Price Chart
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WTI vs Brent comparison
WTI and Brent are both crude oil benchmarks, but they reflect different delivery locations, quality assumptions, logistics, and market structures.
Natural gas unit and regional price differences
Natural gas is commonly quoted by heat content. Regional hubs, pipelines, storage, weather, and contract terms can create different reference prices.
Why energy benchmark prices differ from consumer energy bills
Benchmark prices do not include refining, distribution, station margins, utility billing rules, local taxes, transportation costs, or provider-specific fees.
Energy benchmark unit notice
Natural gas and crude oil should not be compared one-to-one because their quoted units and market drivers differ.
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Frequently Asked Questions
What is the difference between WTI and Brent crude oil?
WTI and Brent represent different crude oil benchmarks with different locations, logistics, and market characteristics.
Why is natural gas not directly comparable to crude oil?
Natural gas is quoted by heat content in MMBtu, while crude oil is quoted by barrel, so their values should not be compared one-to-one.
What does USD/barrel mean?
It means the benchmark reference is quoted in U.S. dollars for one crude oil barrel, which is approximately 159 liters.
What does USD/MMBtu mean?
It means the natural gas reference is quoted in U.S. dollars for one million British thermal units of heat content.
Are these prices the same as gasoline, diesel or utility prices?
No. Consumer energy costs include refining, distribution, taxes, utility billing rules, and local provider fees.
Disclaimer
This page is for informational and calculation purposes only and is not investment, trading, financial, tax, or legal advice. Provider-based reference prices may differ from final quoted prices due to timing, market venue, liquidity, local taxes, fees, transportation costs, dealer spreads, premiums, and final purchase or contract terms.