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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.
Tick values for some popular contracts (as of June 2010) ; Futures Product Contract Size Tick Size Tick Value E-Mini S&P 500 (): $50 x index: 0.25: $12.50 E-Mini NASDAQ (CME): $20 x index
The biggest one-day decline in oil prices in three weeks happened August 8 as crude supplies fell less than expected and demand in China also fell. WTI fell 3.2% from $69.17, the highest since July 30, to $66.91, the lowest since June 21. Brent also fell by 3.2%, to $72.28, the lowest since July 17. [83]
The S&P 500 and the Dow Jones Industrial Average both closed at fresh all-time highs, and the Nasdaq gained 2.5%. The stock rally was led by AI stocks , with shares of Nvidia, Broadcom, ASML, and ...
The S&P 500 and the Nasdaq Composite were slightly higher, while the Dow Jones Industrial Average slipped. ... WTI crude increased 1% to $69.93 a barrel. ... How ticket and concession prices have ...
For 2025, the firm predicts prices will fall to $63 per barrel by September 2025 amid rising global supply. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre .