W&T Offshore, Inc. (WTI)

 

Western Texas Intermediate The Western Texas Intermediate (WTI), also known as Texas light sweet, is a light crude oil low in wax and sulphur content which makes it light and sweet. It is usually refined into gasoline, kerosene and diesel.

What is one barrel of crude? Trading Challenge Event Calendar Podcasts. Promote your business on Quora - it's where people look for reliable information about your industry. What determines the price of crude oil?

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The stock symbol for crude is WTI, which stands for West Texas Intermediate. Used as a benchmark in oil pricing, WTI is also referred to as Texas light sweet oil. WTI is a light crude oil mostly refined in the Midwest and Gulf Coast regions in the United States.

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