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Data from FRED. Forecasts by Sigmanomics Forecast Engine.
United StatesUS WTI Crude Oil Price held to 101.91 Dollars per Barrel in October 2026
FREDDailyReleased October 2026
US WTI Crude Oil Price held to 101.91 Dollars per Barrel in October 2026.
Latest Release
101.910000
Actual
—
Consensus
101.910000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| NZD/USD | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.33 | FOREX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.33 | INDEX | Moves against | → View |
| AUD/USD | ▼ Inverse | −0.32 | FOREX | Moves against | → View |
| GBP/USD | ▼ Inverse | −0.31 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
WTI Crude Oil Price (United States) was reported at 101.91 Dollars per Barrel in October 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 80.62 Dollars per Barrel, ranging from 55.44 Dollars per Barrel to 114.58 Dollars per Barrel across 246 releases. This is classified as a high-impact indicator released on a daily basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 100.50 Dollars per Barrel, up from the prior three at 97.34 Dollars per Barrel. Volatility over the past year (σ 17.26 Dollars per Barrel) is higher than the prior year (σ 4.49 Dollars per Barrel). In October readings over the past 3 years, WTI Crude Oil Price has averaged 73.73 Dollars per Barrel.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with NZD/USD (Bearish NZD). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include EIA Gasoline Stocks Change (Oct 21) and EIA Crude Oil Stocks Change (Oct 21).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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WTI Crude Oil Price - US
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About WTI Crude Oil Price — United States
DEFINITION
US WTI Crude Oil Price rose to 101.910000 USD on October 14, up from 100.860000 USD on October 13, marking a continued upward trend. This increase follows a steady climb from early October levels near 95.02 USD on October 7. Market participants will watch for further price movements amid ongoing supply and demand dynamics. Updated 10/16/26
WHY THIS INDICATOR MATTERS
Energy-supply and inventory data shape commodity-curve positioning and feed through to headline inflation and consumer-discretionary spending. Surprises against consensus typically move rates and currencies on release. Released daily.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2026): actual 101.9 Dollars per Barrel. Prior reading (Oct 2026): 100.9 Dollars per Barrel. Before that (Oct 2026): 98.73 Dollars per Barrel.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.
Σ
EXPECTED ZONE
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Economic Calendar - US Events
| Tuesday, October 20, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | US | Housing Starts | 1.221 | 1.288 | 1.3 | 1.26 | High |
| 12:30 | US | Housing Starts MoM | -5.2 | -5.9 | 1.9 | -1.65 | Medium |
| 12:30 | US | Building Permits | 1.4 | 1.403 | 1.39 | 1.39 | High |
| 12:30 | US | Building Permits MoM | -0.2 | -2.1 | -0.7 | -0.47 | Medium |
| 14:00 | US | Pending Home Sales YoY | -11.3 | -4.7 | 1 | -5.15 | Medium |
| 14:00 | US | Pending Home Sales MoM | -7.3 | 0.3 | -0.5 | -3.90 | Medium |
| 20:30 | US | API Crude Oil Stock Change | -4.93 | -11.12 | -1.3 | -3.12 | Medium |
| Thursday, October 22, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Jobless Claims 4-Week Average | 198.5 | 200 | 197.25 | High | |
| 12:30 | US | Continuing Jobless Claims | 1710 | 1720 | 1713.50 | High | |
| 12:30 | US | Initial Jobless Claims | 199 | 200 | 187.50 | High | |
| 14:00 | US | Leading Index MoM | -0.1 | -0.1 | -0.10 | Low | |
| 14:30 | US | EIA Natural Gas Stocks Change | 67 | 83 | 81.50 | Low | |
| 15:00 | US | Kansas Fed Composite Index | 14 | 11 | 11.00 | Low | |
| 15:00 | US | Kansas Fed Manufacturing Index | 20 | 18 | 21.00 | Low | |