WTI closed the Tuesday, 6 October 2026 session at $89.944 per barrel, up 0.84% on the session. Over one year the price is up 45.85%, between a low of $54.965 on 16 December 2025 and a high of $119.430 on 9 March 2026.
Last session: 6 October 2026, bid price, source Dukascopy. This page shows a dated close and statistics computed over one year of sessions, not a real-time quote.
To tie these numbers to your own trading: the lesson on the ATR, where to place a stop loss and how to calculate a position size.
Daily close (line), range between each session's high and low (band), high and low of the year (dots), last close (dashed). Bid prices in dollars, from 6 October 2025 to 6 October 2026.
Out of the 261 sessions of the year, 51.7% closed above their open.
A session's range is the distance between its high and its low. Over the last 20 sessions, WTI covered on average $4.762, or 4.98% of its opening price; $3.828 (4.50%) over 90 sessions and $3.920 (4.67%) over one year. It is the same idea as the ATR, computed here on the daily candle without smoothing opening gaps.
What it changes for a stop, as a worked example and not a recommendation: a stop placed at half the average range of the last 90 sessions is worth $1.91. On a standard lot of 1,000 barrels, as defined in the instrument sheet at RoboMarkets, that stop represents $1,914 of risk; on the minimum size of 0.01 lot (10 barrels), $19.14. To risk only $100 with that stop, the position cannot exceed 52 barrels, or 0.052 lot.
The full reasoning, with the percentage of capital and the reward-to-risk ratio, is in calculating position size and where to place your stop loss.
The three most active hours are highlighted, the three quietest greyed out. Tallest bar: 1.267%.
Average range of each UTC hour, as a percentage of the hour's opening price, over 1,514 hourly candles from 7 July 2026 to 7 October 2026. The three most active hours are 8:00, 13:00 and 15:00 UTC, that is 9:00, 14:00 and 16:00 in London and 4:00, 9:00 and 11:00 in New York. The three quietest: 3:00, 4:00 and 23:00 UTC, that is 4:00, 5:00 and 0:00 in London and 23:00, 0:00 and 19:00 in New York.
No candle exists at 21:00 UTC: that is the feed's daily break, not a quiet hour.
Reading by session: Asia (0:00 to 7:00 UTC) gives an average hourly range of 0.670%, London (7:00 to 12:00 UTC) 1.050%, and New York (12:00 to 21:00 UTC), which overlaps the end of London and the release of US data, 1.009%.
| Day | Average range | Up sessions | Sessions |
|---|---|---|---|
| Monday | 4.66% | 50.9% | 53 |
| Tuesday | 5.06% | 50.9% | 53 |
| Wednesday | 4.54% | 55.8% | 52 |
| Thursday | 4.88% | 55.8% | 52 |
| Friday | 4.20% | 45.1% | 51 |
Over the 261 sessions of the year, average range and share of up sessions, day by day. Tuesday was the widest day, Wednesday the one that most often closed higher. This is an observation on one year of data, not a rule: next year can reverse the order.
Change from the open of the first day to the close of the last day of each month. Best month: March 2026 (+41.18%). Worst month: June 2026 (-21.56%).
Several forces recur in the reference documents, none of them sufficient on its own. Nothing here is a forecast or advice.
WTI is priced at Cushing. According to the EIA, West Texas Intermediate is a light, sweet crude produced in the United States whose price is set at the trading hub of Cushing, Oklahoma, while Brent groups four North Sea streams (Brent, Forties, Ekofisk and Oseberg); the gap between the two reflects quality (density, sulphur), transportation costs to refineries and regional supply and demand.
US inventories are this market's weekly appointment: the EIA publishes its Weekly Petroleum Status Report, crude stocks included, every Wednesday at 10:30 a.m. Eastern time.
The balance between world supply and demand is read every month in the International Energy Agency's report. Its Oil Market Report for September 2026, published on 11 September 2026, forecasts world demand falling by 2.5 million barrels a day in 2026 before recovering by 2.6 million in 2027, and total supply falling by 5.7 million barrels a day to 100.7 million, with more than 10 million barrels a day of production shut in in the Middle East.
OPEC acts on supply: according to the EIA, the organisation can significantly influence prices by setting production targets for its members, and geopolitical events or severe weather that disrupt the flow of crude also weigh on prices, the oil market working as a global auction in which the available supply goes to the highest bidder.
The dollar, finally: a Bank for International Settlements working paper (March 2023) shows that since the United States moved from net oil importer to net oil exporter, higher commodity prices tend to strengthen the dollar rather than weaken it. The reference futures contract, NYMEX WTI, covers 1,000 barrels (CFTC, Commitments of Traders report).
Tradoshi's backtesting module, in beta, replays a market candle by candle without showing what comes next, spread, slippage and commissions included, and it is included from the Pro plan. It is the most direct way to check whether a stop rule based on range holds over the past year. To understand the method first: what is backtesting and backtesting stocks, forex and futures.
The journal does the other half of the work: it measures your own trades on USOIL, their real R against the stop you placed and the hours when you win or lose, on your executed orders rather than on averages. Every statistic is defined in the glossary.
$89.944 per barrel at the close of the 6 October 2026 session, Dukascopy bid price, up 0.84% versus the previous close. This page does not show a real-time quote: it shows the last dated close and statistics computed over one year.
On average $3.828 between a session's high and low over the last 90 sessions, or 4.50% of the opening price; $3.920 (4.67%) over one year.
On the hourly candles from 7 July 2026 to 7 October 2026, the widest UTC hours were 8:00, 13:00 and 15:00, that is 9:00, 14:00 and 16:00 in London and 4:00, 9:00 and 11:00 in New York. The quietest: 3:00, 4:00 and 23:00 UTC.
At RoboMarkets, a standard lot of USOIL is 1,000 barrels and the minimum size is 0.01 lot, or 10 barrels; your platform may define other sizes. With a $1.91 stop, a standard lot commits $1,914 of risk.
From Dukascopy historical candles, bid price, UTC sessions Monday to Friday. The calculation dates from 7 October 2026 and the last session taken into account is 6 October 2026; the figures are recomputed at each rebuild of the site.