About Crude Oil West Texas - Cash
West Texas Intermediate is the most common measure and pricing model for crude oil in the US, and it’s one of the most traded instruments on our platform. Although not produced in a specific oil field, any crude oil with a similar content can be considered of WTI classification. Historically, WTI is linked with production and trade around the states of Texas and Oklahoma, but it has since expanded globally. It’s slightly sweeter and lighter than other popular oil markers, as it has a lower density and sulphur content. WTI crude oil’s price is slightly lower than Brent’s, and it’s also used as a benchmark in oil pricing around the world. You can trade WTI crude through spot and forward contracts, with WTI price charts available to customise on our platform. Start spread betting or trade CFDs on WTI crude oil’s price.
