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Line chart comparing daily Brent and WTI spot crude prices in US dollars per barrel from September 2 to October 6, 2026.

Physical crude has separated from futures during the Hormuz disruption. Dated Brent reached a record $154 on October 5, against a futures settlement of $104.72 on October 9, a gap of about $45 a barrel. The spot series plotted here are compiled differently and ran lower than that Dated Brent assessment. Western Canadian Select trades at a $25.55 discount to WTI, the widest since 2023.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Charts and data on this site are provided for general informational and educational purposes only and do not constitute financial, investment, tax, or legal advice. Each chart reflects the source and period indicated on it and may not represent current market conditions.

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