The West Texas Intermediate (WTI) crude oil price has been volatile in recent years. As of June 11, 2024, the current price of WTI crude oil is $78.04 per barrel, with an average annual price of $78.61 in 2024. Historically, the price has fluctuated significantly, with a high of $123.70 in 2022 and a low of $11.26 in 2020. The average annual price of WTI crude oil in 2023 was $77.64, and it reached $77.56 in March 2024.