The price differential for physical crude oil that is delivered from the heart of the Permian into Midland, TX, known as WTI Midland (the real WTI), recovered to a six-month high near the end of August. As discussed in RBN’s TradeView report, WTI Midland has been on an upswing in the past three weeks, recently hitting a high on August 25 of $1.10/bbl (green dashed circle) over the price of NYMEX-CME Domestic Sweet (DSW) — the commonly quoted prompt month futures contract price of crude oil — and its strongest value since March 19, 2025 when it clocked in at $1.11/bbl over DSW.
Featured Articles
- Analyst Insight
Summer Heartbreak – WTI Midland Crude Still Looking for Love
WTI Midland crude that comes from the Permian has recently been trading at a price differential that is near its lowest point in more than two years.
- Analyst Insight
WTI Midland Reaches Highest Price Differential in 11 Months
The price differential of WTI Midland crude has been steadily increasing for the past month and last week reached its highest value in 11 months.
- Analyst Insight
Sour Crudes Find Support While Outright Crude Oil Tanks
Outright crude prices tank while sour grades find support.
