WTI definition

WTI means West Texas Intermediate and is a grade of crude oil used as a common benchmark in oil pricing. WTI is a sweet crude oil and has a relatively low density.
WTI means a Specified Grade of Crude Petroleum meeting the specifications described for WTI in Item No. 10.

Examples of WTI in a sentence

  • For our 2024 guidance, when reflecting revenue earned from gold, silver, platinum, palladium, iron ore, oil and gas commodities as GEOs, we have assumed the following prices: $1,950/oz Au, $22.50/oz Ag, $850/oz Pt, $900/oz Pd, $115/tonne Fe 62% CFR China, $75/bbl WTI oil and $2.50/mcf Henry Hub natural gas.

  • Over the same period net connectedness of WTI crude oil increased from 10% to 35%, the highest net connectedness level generated by a commodity for all rolling subsample windows considered (see Figure 8).By the end of October 2008, the crude oil price dropped to $60 per barrel.

  • From largest to smallest, the to-degree ranking is ULS Diesel, WTI Crude Oil, Unleaded Gasoline, Soybeans, Gold, Zinc, Copper, Silver, Corn, Soybean Oil, Wheat, Aluminum, Nickel, Sugar, Cotton, Live Cattle, Lean Hogs, Natural Gas, and Coffee.

  • From largest to smallest, the from- degree ranking is ULS Diesel, WTI Crude Oil, Unleaded Gasoline, Zinc, Gold, Soybeans, Copper, Silver, Corn, Soybean Oil, Aluminum, Wheat, Nickel, Live Cattle, Cotton, Lean Hogs, Sugar, Natural Gas, and Coffee.

  • Each WisdomTree Crude Oil Individual Security is comprised of, and has a Price equal to that of, 1,447,357 WTI Crude Oil Micro Securities.


More Definitions of WTI

WTI. ’ means West Texas Intermediate, a benchmark crude oil.
WTI means West Texas Intermediate, a grade of crude oil used as a benchmark in oil pricing.
WTI means, with regard to any month, the NYMEX calendar month average settlement price for West Texas Intermediate for that month in barrels multiplied by 6.289811 barrels per cubic metre.
WTI means West Texas Intermediate, a light sweet blend of oil produced from fields in western Texas and is a grade of oil used as a benchmark in oil pricing.
WTI means the price of West Texas Intermediate oil on the NYMEX.
WTI means West Texas Intermediate crude oil and any crude oil meeting the specifications of the NYMEX WTI futures contract for delivery at Cushing, Oklahoma.
WTI means West Texas Intermediate. “/Bbl” means per barrel.