West Texas Intermediate crude oil settled at $91.99 per barrel on October 8, 2026, marking a 3.06% advance over the prior 24-hour period. The move represented one of the more notable single-session gains for the benchmark contract in recent trading.
Zooming out, WTI has gained 1.79% over the past seven days and 0.42% over the trailing 30-day period. The pattern suggests a gradual, sustained climb rather than a sharp reversal, with Thursday's session accelerating the near-term pace of that advance.
Crude oil market capitalization figures are not available for WTI, which trades as a futures-based commodity rather than a publicly listed security. Price discovery for the contract reflects supply, demand, and inventory dynamics across global energy markets.
With the commodity now sitting at $91.99, Thursday's close leaves WTI at its highest point relative to the ranges implied by the recent 30-day trajectory. Whether the session's momentum carries into subsequent trading remains to be seen in the data ahead.
