West Texas Intermediate: Difference between revisions
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West Texas Intermediate is a standardised specification for the quality of crude oil, including its density and sulphur content. | West Texas Intermediate is a standardised specification for the quality of crude oil, including its density and sulphur content. | ||
West Texas Intermediate is a relatively low density ("light") and low sulphur content ("sweet") oil, resulting in it being considered a relatively high-quality oil. | |||
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* [[Fossil fuel]] | * [[Fossil fuel]] | ||
* [[Fungible]] | * [[Fungible]] | ||
* [[Futures contract]] | |||
* [[Homogeneous]] | * [[Homogeneous]] | ||
* [[Peak oil]] | |||
* [[Standard]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 03:32, 8 February 2024
Commodities - crude oil.
(WTI).
West Texas Intermediate is a standardised specification for the quality of crude oil, including its density and sulphur content.
West Texas Intermediate is a relatively low density ("light") and low sulphur content ("sweet") oil, resulting in it being considered a relatively high-quality oil.
