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      • 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). The WTI oil grade is also known as Texas light sweet.
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  2. Trade NYMEX WTI Crude Oil futures (CL), the world’s most liquid crude oil contract. When traders need the current oil price, they check the WTI Crude Oil price. 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 ...

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      Crude Oil Futures: NYMEX: Energy: Crude Oil: North American:...

  3. The current price of West Texas Intermediate (WTI) crude oil today is $80.06 per barrel. Live charts, historical data, futures contracts, and breaking news on WTI prices can be found below....

    • What Is West Texas Intermediate (WTI)?
    • Understanding West Texas Intermediate
    • West Texas Intermediate as An Oil Market Benchmark
    • The Bottom Line

    West Texas Intermediate (WTI) is a grade of crude oil and one of the main three benchmarks in oil pricing, along with Brent and Dubai Crude. WTI is considered a high-quality oil that is relatively easy to refine. WTI is known as a light sweet oil. It contains less than 0.50% sulfur, whereas the norm is about 0.24% to 0.34%, making it "sweet." It al...

    WTI is the main oil benchmark for North America, as it is sourced from the United States. It originates mainly in the Permian Basin, the site of the nation's highest-producing oil field. The oil travels via pipeline from Texas to refineries in the Midwest and the Gulf of Mexico. The main delivery point for physical exchange and price settlement for...

    A benchmark in the oil market serves as a reference price for buyers and sellers of crude oil. Oil benchmarks are frequently referred to in the media as the price of oil. Brent crudeand WTI crude are the most popular benchmarks, but their prices are often contrasted. The difference in price between Brent and WTI is called the Brent-WTI spread. WTI ...

    West Texas Intermediate is a high-quality crude oil sourced in West Texas. As one of the world's foremost sources of crude oil, WTI is a benchmark for the U.S. oil industry and investors. When you hear a reference to crude oil prices in a business report, it's the price of West Texas Intermediate that is being quoted.

  4. 3 days ago · Type: Commodity. Group: Energy. Unit: 1 Barrel. Prev. Close: 79.58. Open: 79.61. Day's Range: 78.69 - 80.11. Crude Oil WTI 79.19 -0.39 -0.49%. General. Chart.

    Month
    Last
    Chg.
    Open
    80.06s
    +0.81
    80.06
    79.67
    -0.39
    80.01
    79.21
    -0.37
    79.58
    78.80
    -0.32
    79.12
  5. 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) .

  6. The current price of Light Crude Oil Futures is 78.43 USD — it has fallen 1.10% in the past 24 hours. Watch Light Crude Oil Futures price in more detail on the chart.

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