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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).
U.S. West Texas Intermediate crude futures were up 60 cents, or 0.82%, at $73.77. Brent settled on Monday at its lowest since Jan. 9, while WTI hit its lowest since Jan. 2.
West Texas Intermediate crude rose nearly 3% to settle at $78.82 per barrel, the ... Despite the recent rally, Kaneva and her team expect Brent prices to average $73 for 2025.
Brent crude futures for March, which expire on Friday, fell 4 cents to $76.83 a barrel by 1251 GMT. U.S. West Texas Intermediate crude (WTI) was unchanged on the day at $72.73.
Brent futures fell $1.42, or 1.8%, to settle at $77.08 a barrel, while U.S. West Texas Intermediate (WTI) crude ended $1.49, or 2.0%, lower at $73.17. Oil hits 2-week low as China's DeepSeek AI ...
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 .
West Texas Intermediate crude rose more than 3.5% to settle at $76.57 per barrel while Brent crude futures , the international benchmark price, briefly hit $80 before settling at $79.76, the ...
Oil prices fell 2% on Monday after China’s stimulatory plans failed to impress traders and oil alliance OPEC lowered its demand forecast. West Texas Intermediate closed at $73.83 per barrel ...