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.
Source: CMC Markets. Past performance is not indicative of future results.
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ALL CLIENTS
of CMC client accounts with open positions in this market expect the price to rise
of CMC client accounts with open positions in this market expect the price to fall
Client sentiment is provided by CMC Markets for general information only, is historical in nature and is not intended to provide any form of trading or investment advice – it must not form the basis of your trading or investment decisions.
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