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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.
Brent crude oil futures settled up 41 cents, or 0.53%, at $77.49 per barrel. ... U.S. West Texas Intermediate crude futures were up 60 cents, or 0.82%, at $73.77. Brent settled on Monday at its ...
Oil prices dropped as weekly US inventories came in ... West Texas Intermediate dropped to settle ... The latest government data showed crude inventories increased by 5.5 million barrels last week ...
West Texas Intermediate crude rose more than 3.5% to settle at $76.57 per barrel while Brent crude futures , the ... with a likely price range of $60-$80 per barrel for Brent spot crude oil. That ...
A benchmark crude or marker crude is a crude oil that serves as a reference price for buyers and sellers of crude oil. There are three primary benchmarks, West Texas Intermediate (WTI), Brent Blend , and Dubai Crude .
Oil's bumpy start in 2024 has turned into a steady climb in recent weeks, with futures for West Texas Intermediate and Brent up more than 9% and 7% year to date, respectively.. On Friday, WTI ...
On Tuesday, the U.S. Energy Information Administration said the country's oil demand would remain steady at 20.5 million barrels per day (bpd) in 2025 and 2026, with domestic oil output rising to ...
West Texas Intermediate advanced more than 3% to close at $77.14 per barrel after gaining more than 9% last week. Brent ( BZ=F ), the international benchmark price, also advanced more than 3.5% to ...