Encyclopedia > W > West Texas Intermediate
West Texas Intermediate
West Texas Intermediate (WTI), also known as Texas Sweet Light, is a type of crude oil used as a benchmark in oil pricing and the underlying commodity of New York Mercantile Exchange's oil futures contracts. This is usually the type referenced in Western news reports about oil prices, alongside North Sea Brent Crude.
Information are taken from Wikipedia, the open encyclopedia, to which contribute many volunteers from around the whole world. Texts are available under the following conditions GNU Free Documentation License.
Encyklopedie (cz) Encyklopédia (sk) Enzyklopädie (de)