• Thumbnail for West Texas Intermediate
    West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for...
    32 KB (3,478 words) - 22:46, 20 August 2024
  • Thumbnail for West Texas
    West Texas is a loosely defined region in the U.S. state of Texas, generally encompassing the arid and semiarid lands west of a line drawn between the...
    19 KB (1,496 words) - 20:41, 21 August 2024
  • Thumbnail for Benchmark (crude oil)
    and sellers of crude oil. There are three primary benchmarks, West Texas Intermediate (WTI), Brent Blend, and Dubai Crude. Other well-known blends include...
    9 KB (963 words) - 02:35, 22 August 2023
  • end up being delivered. It is the psychical delivery point of West Texas Intermediate oil. Cushing serves as a transshipment point for gathering crude...
    22 KB (2,360 words) - 22:47, 20 August 2024
  • Thumbnail for Brent Crude
    benchmark prices for purchases of oil worldwide, the other being West Texas Intermediate (WTI). Popular media references to "Brent crude" usually refers...
    31 KB (3,555 words) - 09:56, 17 April 2024
  • Thumbnail for Petroleum
    crude oil by the geographic location it is produced in (e.g., West Texas Intermediate, Brent, or Oman), its API gravity (an oil industry measure of density)...
    131 KB (14,537 words) - 21:34, 26 August 2024
  • Thumbnail for Negative pricing
    futures (contracts for oil to be delivered at a future date). West Texas Intermediate (WTI) futures went as low as −$37.63 per barrel (though consumer...
    25 KB (2,484 words) - 11:40, 22 August 2024
  • Thumbnail for World oil market chronology from 2003
    from surging oil prices during the 2000s. The difference between West Texas Intermediate (WTI) crude and Brent crude is greater if the amount of U.S. oil...
    104 KB (11,712 words) - 14:14, 2 August 2024
  • Isthmus-34 Light Japan Cocktail OPEC Reference Basket Tapis Urals West Texas Intermediate Western Canadian Select Data Exploration Core sampling Geophysics...
    8 KB (691 words) - 14:30, 26 July 2024
  • Thumbnail for Urals oil
    light oil of Western Siberia. Other reference oils are Brent, West Texas Intermediate and Dubai. Urals brand oil is supplied through the Baku-Novorossiysk...
    3 KB (236 words) - 08:47, 12 August 2023
  • considered to be light. The most prominent in North America is West Texas Intermediate which has an API gravity of 39.6° API (827 kg/m3). It is often...
    7 KB (872 words) - 03:55, 25 August 2024
  • Thumbnail for Price of oil
    oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude...
    111 KB (12,047 words) - 21:49, 27 August 2024
  • Thumbnail for List of crude oil products
    costs). The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and...
    26 KB (588 words) - 23:21, 4 January 2024
  • Thumbnail for OPEC
    the world's traded crude oil. Other well-known benchmarks are West Texas Intermediate (WTI), Dubai Crude, Oman Crude, and Urals oil. The US Energy Information...
    153 KB (14,229 words) - 12:30, 10 August 2024
  • Thumbnail for 1979 oil crisis
    When the price of West Texas Intermediate crude oil increased 250 percent between 1978 and 1980, the oil-producing areas of Texas, Oklahoma, Louisiana...
    26 KB (2,659 words) - 06:45, 27 August 2024
  • sulfur. While it is not traded on a market like Brent Crude or West Texas Intermediate (WTI), it is often used as an oil marker or price referencing indicator...
    3 KB (289 words) - 19:41, 1 September 2022
  • Isthmus-34 Light Japan Cocktail OPEC Reference Basket Tapis Urals West Texas Intermediate Western Canadian Select Data Exploration Core sampling Geophysics...
    6 KB (522 words) - 10:08, 8 August 2024
  • Heating Oil, New York Harbor Reformulated Gasoline Blendstock and West Texas Intermediate (WTI) Light Sweet Crude Oil. Optiver factored in $19.3 million...
    12 KB (1,038 words) - 10:06, 29 June 2024
  • Thumbnail for Kola Superdeep Borehole
    of the 1960s, 1970s and 1980s. Aralsor SG-1 (in the Pre-Caspian Basin of west Kazakhstan) and Biyikzhal SG-2 (in Krasnodar Krai), both less than 6,810...
    23 KB (2,329 words) - 23:37, 13 August 2024
  • demand low in China and Europe and OPEC deciding not to cut back, West Texas Intermediate reached $63.50 on December 8, the lowest since July 2009, while...
    57 KB (6,242 words) - 23:55, 5 July 2024
  • Isthmus-34 Light Japan Cocktail OPEC Reference Basket Tapis Urals West Texas Intermediate Western Canadian Select Data Exploration Core sampling Geophysics...
    4 KB (302 words) - 23:16, 23 June 2024
  • Thumbnail for Sweet crude oil
     media, generally means the cost per barrel (42 U.S. gallons) of West Texas Intermediate Crude, to be delivered to Cushing, Oklahoma during the upcoming...
    5 KB (413 words) - 08:30, 4 April 2024
  • Isthmus-34 Light Japan Cocktail OPEC Reference Basket Tapis Urals West Texas Intermediate Western Canadian Select Data Exploration Core sampling Geophysics...
    9 KB (60 words) - 11:06, 30 July 2024
  • Thumbnail for Pumpjack
    small oil pump that's a common sight in West Texas, along U.S. 83 near the town of Winters in Runnels County, Texas". Library of Congress. 2014-03-07. Retrieved...
    10 KB (1,513 words) - 01:05, 13 June 2024
  • Thumbnail for Petroleum refining in the United States
    American crude oil, as reflected by the Oklahoma-based index price West Texas Intermediate, versus the more expensive European-based index price Brent Crude...
    16 KB (1,243 words) - 17:54, 5 April 2024
  • the 44th straight day, reaching $3.98. However, that same day, West Texas Intermediate crude fell below $100 a barrel, the lowest since March 16. This...
    40 KB (4,132 words) - 00:38, 1 September 2024
  • Thumbnail for New York Mercantile Exchange
    and the support of the rest of the NYMEX board, eventually chose West Texas Intermediate (WTI) as the traded product and Cushing, Oklahoma, as the delivery...
    21 KB (2,738 words) - 14:58, 13 June 2024
  • Thumbnail for Cushing, Oklahoma
    major trading hub for crude oil and a price settlement point for West Texas Intermediate on the New York Mercantile Exchange and is known as the "Pipeline...
    23 KB (1,901 words) - 18:24, 24 January 2024
  • Thumbnail for OPEC Reference Basket
    crude oil products, is heavier than both Brent crude oil, and West Texas Intermediate crude oil. Since January 1, 2017, the OPEC reference basket consists...
    3 KB (265 words) - 04:34, 15 April 2023
  • Thumbnail for Ashoknagar oilfield
    this basin is far superior to the Brent Crude and is at par with West Texas Intermediate which is considered[by whom?] the world's best known benchmark...
    8 KB (851 words) - 06:25, 7 June 2024