Gain direct exposure to the crude oil market using CME Group West Texas Intermediate (WTI) Light Sweet Crude Oil futures, the world’s most liquid oil contract. WTI Crude Oil futures and options are the most efficient way to trade the largest light, sweet crude oil blend.

May 4, 2024 · WTI is the underlying commodity for the NYMEX's oil futures contract. WTI is often compared to Brent crude, which is the benchmark for two-thirds of the world's oil contracts....

3 days ago · WTI Crude Oil futures, ticker symbol CL, is the most actively traded crude oil futures contract, with more than 1 million contracts traded every day. WTI is a light, sweet crude oil, which refers to its low density and low sulfur content, and is …

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) .

May 12, 2020 · Why do investors start trading oil futures? How are oil prices explained? What are the pros and cons of investing in oil futures? How can you trade oil futures contracts? Here we define WTI and Brent oil futures trading and cover the basics of the markets to get you started.

4 days ago · Learn about West Texas Intermediate (WTI) Crude Oil futures at CME Group, including their importance in crude markets and the changing benchmark landscape.

Aug 8, 2024 · West Texas Intermediate, often shortened to WTI, is a crude oil stream produced in areas such as Texas and Southern Oklahoma in the United States. It also acts as a benchmark for the US oil market and is regularly quoted by analysts and international news organizations to illustrate price movements.

West Texas Intermediate (WTI) is a trading classification of crude oil and one of the most commonly used benchmarks in oil prices. WTI is one of the most referenced benchmarks used in oil news reports on oil prices, along with the Brent price – which comes from the North Sea.

Feb 26, 2023 · West Texas Intermediate (WTI) is a well-known benchmark for oil prices. The oil futures contract on the New York Mercantile Exchange has WTI as its underlying asset. It is of high quality and contains low sulfur (sweet). The U.S. Department of Energy keeps records of past oil price information.

Jun 21, 2023 · Texas light sweet crude is another name for it. It is an international oil benchmark along with Brent Crude and Dubai/Oman Crude. It is the underlying instrument for the WTI futures contract traded on the New York Mercantile Exchange (NYMEX). The contract is only settled via physical delivery.