About WTI Crude
West Texas Intermediate (WTI) Crude is a crucial commodity and benchmark for crude oil pricing worldwide. It is extracted from wells in the United States, primarily in Texas, Oklahoma, and North Dakota. WTI crude is renowned for its high quality, low sulfur content, and ease of refining into gasoline and diesel fuel. Traded on futures markets, WTI crude serves as a key indicator of global oil prices and influences fuel prices globally.