West Texas Intermediate (WTI), a light, sweet crude oil, is one of three global oil benchmarks. Sourced primarily in inland Texas, WTI is one of the world's highest-quality oils.

The price of Kuwaiti oil went up by US$2.18 to US$72.79 per barrel on Monday, compared to US$70.61 pb last Friday, said the Kuwait Petroleum Corporation on Tuesday.The prices of the Brent crude and ...

Crude oil futures fell by ₹65 to ₹5,706 per barrel due to decreased spot market demand, reflecting ongoing trade war concerns ...

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The West Texas Intermediate Crude Oil market has been back and forth during the course of the trading session on Thursday, breaking above the $70 level the second day in a row.

West Texas Intermediate is the benchmark for the U.S. light oil market and is sourced from U.S. oil fields. Both Brent Crude and WTI are light and sweet, making them ideal for refining into gasoline.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Sales of West Texas Intermediate Light, or WTI Light, started in September with deliveries into Midland, Texas, the people said. Most of the supply for WTI Light would likely be coming from more ...

If the Trump administration's decisions on ecomonic sanctions moving forward are consistent with the harsher-than-expected tariff rates we've seen announced this week, then there is a "small but poten ...

For the first time ever, a key oil benchmark, West Texas Intermediate, fell below zero on Monday. That means some traders, instead of paying money to buy oil, are paying to get rid of it.

HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest since June 2024, data ...