West Texas Intermediate (WTI) is a globally recognized benchmark crude oil widely traded in international energy markets. It is classified as a light, sweet crude due to its low sulfur content and high API gravity, making it highly efficient for refining into gasoline, diesel, jet fuel, and other petroleum products. WTI is primarily sourced from oil fields in the United States and is a key reference point for pricing and market analysis.
As a major indicator of supply and demand dynamics, WTI crude oil plays a crucial role in energy trading, risk management, and strategic planning for producers, refiners, and investors. Its consistent quality, transparent pricing mechanisms, and strong market liquidity make WTI a preferred benchmark for the global oil and gas industry.