West Texas Light Sweet Crude Price

Both brent crude and west texas intermediate are light and sweet making them ideal for refining into gasoline.

West texas light sweet crude price.

West texas intermediate crude oil wti prices. Price in us dollars per barrel. Wti west texas intermediate a us light sweet crude oil blend futures provide direct crude oil exposure and are the most efficient way to trade oil after a sharp rise in us crude oil production. Nymex west texas intermediate crude oil price for november delivery closed down 1.

West texas intermediate monthly price us dollars per barrel. West texas intermediate crude oil prices. Conversion oil wti price price. 1 barrel 42 gallons oil wti price per 1 gallon 0 89 usd 1 barrel 158 98 liters.

67 at 3 7 05 per barrel. Closing crude oil futures price daily high low crude oil futures prices contract information fri day october 2 2020. Get wti crude nov 20 cl 1 new york mercantile exchange real time stock quotes news and financial information from cnbc. Also known as west texas intermediate wti or texas light sweet it is a popular investment tool used by international investors seeking true asset class diversification in their.

West texas intermediate wti can refer to a grade or a mix of crude oil and or the spot price the futures price or the assessed price for that oil. 6m 1y 5y 10y 15y 20y 25y 30y. Use wti crude oil futures to hedge against adverse oil price moves or speculate on whether wti oil prices will rise or fall. The wti oil grade is also known as texas light sweet although oil produced from any location can be.

Colloquially wti usually refers to the price of the new york mercantile exchange nymex wti crude oil futures contract or the contract itself. Follow our comprehensive chart to explore the us crude oil price in real time. Us crude oil is one of the world s most valuable commodities available for trade. In the spring of 2020 oil prices collapsed amid the covid 19 pandemic and economic.