Commodities

WTI Crude Oil Edges Higher, Posts 4.28% Weekly Gain

West Texas Intermediate crude oil added 0.33% on Monday, extending a strong weekly advance as prices settled at $81.79 per barrel.

By Love Wallet · August 17, 2026

WTI Crude Oil Edges Higher, Posts 4.28% Weekly Gain
Price
$81.79
24h
+0.33%
1 week
+4.28%
1 month
+0.05%

West Texas Intermediate crude oil climbed 0.33% on August 17, 2026, bringing the commodity's price to $81.79 per barrel. The modest single-session gain capped a notable stretch of upward momentum for the benchmark U.S. crude contract.

Over the trailing seven days, WTI logged a gain of 4.28%, reflecting a meaningful shift in near-term price direction. The weekly advance stands in contrast to the broader 30-day picture, where prices are up just 0.05%, suggesting the bulk of recent gains were concentrated in the past week.

The 30-day figure of 0.05% indicates that crude oil prices have been largely range-bound on a monthly basis, with the recent weekly surge representing a sharp but contained move within that longer window. Market capitalization data is not available for this commodity.

At $81.79, WTI crude remains a closely watched benchmark for global energy markets, with its short-term trajectory drawing attention following the recent weekly price acceleration.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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