West Texas Intermediate crude oil settled at $84.89 on August 19, 2026, marking a 1.05% gain over the prior 24-hour period. The move continued a broader upward trend that has taken shape over recent sessions.
Over the past seven days, WTI has risen 3.58%, reflecting sustained buying pressure in the crude market. The commodity has also posted a 1.59% gain over the trailing 30-day window, indicating a gradual but consistent upward drift over the longer near-term horizon.
Market capitalization figures are not available for WTI crude, as the commodity is priced per barrel rather than by outstanding shares or units. Price movement in the oil market is typically driven by supply-and-demand dynamics, inventory data, and broader macroeconomic conditions.
With three consecutive positive timeframes — daily, weekly, and monthly — WTI's price action at $84.89 reflects a market that has maintained upward momentum across multiple horizons as of the August 19 session.
