Houston Energy Update

The closing spot price for West Texas Intermediate (WTI), the U.S. benchmark for light, sweet crude, averaged $80.50 per barrel in November ’21, up from $40.32 for the same period in ’20, according to the U.S. Energy Information Administration (EIA). November ’21 was the second consecutive month since October ’14 when prices averaged over $80. 

Click here for the full report.