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...
32 KB (3,478 words) - 07:49, 8 February 2024
and sellers of crude oil. There are three primary benchmarks, West Texas Intermediate (WTI), Brent Blend, and Dubai Crude. Other well-known blends include...
9 KB (963 words) - 02:35, 22 August 2023
West Texas is a loosely defined region in the U.S. state of Texas, generally encompassing the arid and semiarid lands west of a line drawn between the...
19 KB (1,496 words) - 19:12, 11 July 2024
benchmark prices for purchases of oil worldwide, the other being West Texas Intermediate (WTI). Popular media references to "Brent crude" usually refers...
31 KB (3,555 words) - 09:56, 17 April 2024
Oil industry in Cushing, Oklahoma (section Transhipment point for West Texas Intermediate (WTI) oil)
around Platteville, Colorado. Cushing is the delivery point for West Texas Intermediate, a blend of US light sweet crude oil streams traded on the New...
22 KB (2,349 words) - 00:39, 15 May 2024
crude oil by the geographic location it is produced in (e.g., West Texas Intermediate, Brent, or Oman), its API gravity (an oil industry measure of density)...
131 KB (14,540 words) - 11:53, 9 August 2024
Negative pricing (section Natural gas in West Texas)
futures (contracts for oil to be delivered at a future date). West Texas Intermediate (WTI) futures went as low as −$37.63 per barrel (though consumer...
25 KB (2,484 words) - 17:36, 23 June 2024
from surging oil prices during the 2000s. The difference between West Texas Intermediate (WTI) crude and Brent crude is greater if the amount of U.S. oil...
104 KB (11,712 words) - 14:14, 2 August 2024
considered to be light. The most prominent in North America is West Texas Intermediate which has an API gravity of 39.6° API (827 kg/m3). It is often...
7 KB (872 words) - 03:51, 25 November 2020
the world's traded crude oil. Other well-known benchmarks are West Texas Intermediate (WTI), Dubai Crude, Oman Crude, and Urals oil. The US Energy Information...
153 KB (14,229 words) - 12:30, 10 August 2024