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Data from FRED. Forecasts by Sigmanomics Forecast Engine.
United StatesUS WTI Crude Oil Price held to 79.2 Dollars per Barrel in July 2026
FREDDailyReleased July 2026
US WTI Crude Oil Price held to 79.2 Dollars per Barrel in July 2026.
Latest Release
79.200000
Actual
—
Consensus
79.200000
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 | −0.39 | FOREX | Moves against | → View |
| EUR/USD | ▼ Inverse | −0.37 | FOREX | Moves against | → View |
| GBP/USD | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
| S&P 500 | ▼ Inverse | −0.34 | INDEX | Moves against | → View |
| USD/CHF | ▲ Direct | +0.34 | FOREX | Moves with | → 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 79.20 Dollars per Barrel in July 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 73.62 Dollars per Barrel, ranging from 55.44 Dollars per Barrel to 114.58 Dollars per Barrel across 244 releases. This is classified as a high-impact indicator released on a daily basis.
WHY IT MATTERS
The trailing three releases averaged 74.93 Dollars per Barrel, up from the prior three at 71.90 Dollars per Barrel. Volatility over the past year (σ 16.76 Dollars per Barrel) is higher than the prior year (σ 4.90 Dollars per Barrel). In July readings over the past 3 years, WTI Crude Oil Price has averaged 75.28 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 API Crude Oil Stock Change (Jul 21) and MBA 30-Year Mortgage Rate (Jul 22).
Auto-generated from current model state · Refreshes on each release · Last update July 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 79.200000 USD on July 13, up from 72.450000 USD on July 10, marking a sharp increase in early July. This jump reflects a strong upward trend in crude prices over the first two weeks of July. Market participants will watch for further supply-demand signals amid ongoing geopolitical and economic developments. Updated 7/16/26
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 (Jul 2026): actual 79.2 Dollars per Barrel. Prior reading (Jul 2026): 72.45 Dollars per Barrel. Before that (Jul 2026): 73.15 Dollars per Barrel.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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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