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9 April > 21) West Texas Intermediate (WTI) > Flashcards

21) West Texas Intermediate (WTI) Flashcards

1
Q

What is it ?

A

It is a grade of crude oil used as a benchmark in oil pricing (Also called Texas light sweet)

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2
Q

Why is it called Light and sweet ?

A

Low density and low sulphur content

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3
Q

What are the other important grades or oil markers ?

A

Brent crude, Dubai crude, Oman crude etc

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9 April (98 decks)

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