West Texas Intermediate crude oil settled at $101.44 on October 18, 2026, adding 0.05% over the prior 24-hour period as the commodity consolidated recent gains following a sharp run-up.
The modest daily move comes on the heels of a significant weekly advance, with WTI posting a 11.52% gain over the past seven days. That surge marks one of the more notable short-term moves for the benchmark crude contract in recent trading.
Zooming out to the 30-day window, WTI has gained 6.33%, reflecting sustained upward momentum in the oil market over the past month. The longer-term trend underscores that the weekly spike was not an isolated event but part of a broader directional move.
Market capitalization data for WTI crude was not available. Trading in energy commodities continued to draw attention given the magnitude of price appreciation across both the weekly and monthly time frames.
