This is a kind of oil exchanged over the US market, also known as Texas Light Sweet. It is widely used as the benchmark for North and South America and it is listed on the New York Exchange (NYMEX) since 1983. WTI is considered a “sweet” oil, with approximately 0.24% of sulphur, a higher concentration as compared to the crude oil from the North Sea (Brent crude).
Editor: Claudio DICEMBRINO
© 2009 ASSONEBB