# Live Oil & Gas Prices: WTI Crude & Henry Hub Natural Gas
> **Breadcrumb:** Buckhead Energy

> Live spot prices for WTI crude oil and Henry Hub natural gas, updated continuously from market data. Plus context for mineral owners on basis differentials, realized vs. spot pricing, and how to ground-truth your royalty checks.

**URL:** https://www.buckheadenergy.com/oil-gas-prices
**Source:** Buckhead Energy (https://www.buckheadenergy.com/)
**Generated:** 2026-05-04 (heuristic; server-side extraction)

## TL;DR
WTI crude oil is priced in USD per barrel and is the headline North American benchmark. Henry Hub natural gas is priced in USD per MMBtu (Million British Thermal Units). Mineral owners receive a realized price (what the operator actually sold the production for, minus deductions and basis differential to NYMEX) — not the spot price you see here. Use these benchmarks to ground-truth your royalty checks.

## Key Takeaways
- Live commodity prices WTI crude oil and Henry Hub natural gas update continuously throughout the trading day.
- Realized vs. spot price Mineral owners are paid the realized price (operator's actual sale price minus deductions and basis differential), NOT the headline NYMEX number.
- Basis differentials matter Permian, Bakken, Marcellus, and Haynesville carry persistent basis differentials to NYMEX — sometimes negative by $2-5+/bbl on oil or $0.30-1.00+/MMBtu on gas.
- Reality-check your stub Take stub revenue ÷ stub volume to back into your realized price; compare to the spot above to spot abnormal deductions.
- Forward strip vs. spot Use the NYMEX forward strip (12-24 months) for valuation, not spot prices — spot is a snapshot, valuations need the curve.
- Want a written offer? Get a free, no-obligation valuation based on your specific wells and the current strip.

## Dataset
**Name:** Live Oil & Natural Gas Spot Prices

Live spot prices for WTI crude oil (USD per barrel) and Henry Hub natural gas (USD per MMBtu), updated continuously from market data. Reference data for mineral owners verifying royalty statements.

**Variables measured:**
- WTI Crude Oil Price (USD per barrel)
- Henry Hub Natural Gas Price (USD per MMBtu)

## Page Outline
- Live Oil & Natural Gas Prices
  - How Oil & Gas Prices Affect Your Royalty Checks
  - Reality-Check Your Royalty Stub
  - Spot Price vs. Forward Strip — Why It Matters for Valuation
  - Want to Know What Your Minerals Are Worth Today?
  - Related Resources
  - Key Takeaways

## Related Pages
- [Texas Oil & Gas Industry Snapshot](https://www.buckheadenergy.com/texas-oil-gas-industry-snapshot)
- [Oklahoma Oil & Gas Industry Snapshot](https://www.buckheadenergy.com/oklahoma-oil-gas-industry-snapshot)
- [How Mineral Rights Are Valued](https://www.buckheadenergy.com/2026/mineral-rights-value)
- [What's a Fair Price for Mineral Rights?](https://www.buckheadenergy.com/2026/fair-price-mineral-rights)
- [The Mineral Rights Selling Process](https://www.buckheadenergy.com/2026/mineral-rights-selling-process)
- [Mineral Rights Glossary](https://www.buckheadenergy.com/glossary)
- [Operators Directory (TX + OK)](https://www.buckheadenergy.com/operators)

## About Buckhead Energy
Buckhead Energy is a direct buyer of oil & gas mineral rights and royalty interests across 33 U.S. states. We provide free written offers within 48 hours, with closings in 7-14 days. Family-owned and operated since 2007, A+ BBB rated.

**Sell mineral rights:** https://www.buckheadenergy.com/sell
**Operator directory:** https://www.buckheadenergy.com/operators