West Texas Intermediate crude oil settled at $101.39 on October 17, 2026, recording a 24-hour gain of 3.80%. The move extended a broader rally that has pushed prices sharply higher over recent sessions.
Over the past seven days, WTI has advanced 11.46%, reflecting sustained buying pressure in the crude market. The 30-day change stands at a more moderate 5.34%, indicating that much of the recent momentum has accelerated in the shorter term.
The commodity crossed and held above the $101 threshold, a psychologically significant level. Market capitalization data is not available for WTI crude oil, as the commodity is priced per barrel rather than by outstanding shares or units.
The combination of a strong single-session move and a double-digit weekly gain marks one of the more notable short-term performances for the benchmark crude grade. Whether the pace of gains can be sustained remains a question the data alone does not answer.
