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May 4, 2024 · West Texas Intermediate (WTI), a light, sweet crude oil, is one of three global oil benchmarks. Sourced primarily in inland Texas, WTI is one of the world's highest-quality...
2 days ago · WTI (West Texas Intermediate, a US light sweet crude oil blend) futures provide direct crude oil exposure and are the most efficient way to trade oil after a sharp rise in US crude oil production. Use WTI Crude Oil futures to hedge against adverse oil price moves or speculate on whether WTI oil prices will rise or fall.
West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX) .
WTI stands for West Texas Intermediate. This is oil produced in the United States. It is typically on the lighter end of the spectrum, at an API gravity of 39.6. WTI sulfur content is 0.24%, putting it at the sweeter end of the spectrum.
West Texas Intermediate (WTI), also known as Texas Light Sweet on occasion, is a key oil benchmark in the commodities market. With only 0.24 percent sulfur, WTI crude oil qualifies as "sweet" and has an "API Gravity" of 39.6 degrees, making it "light" crude oil.
Aug 30, 2021 · West Texas Intermediate is the benchmark for the U.S. light oil market and is sourced from U.S. oil fields. Both Brent Crude and WTI are light and sweet, making them ideal for refining into...
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Aug 8, 2024 · The most accurate West Texas Intermediate definition is that it’s a crude oil stream produced in areas such as Texas and Southern Oklahoma in the United States. WTI is a slightly lighter, sweeter crude than Brent and is more commonly used for petrol.