Light Sweet Crude Oil - current and historical Light Sweet Crude Oil prices, chart the development of Light Sweet Crude Oil price - 1 year - currency USD
WTI Crude Oil
West Texas Intermediate - WTI, also known as Texas Light Sweet, is a type of oil used for valuation of oil and derivatives derived from it on the New York Mercantile Exchange - NYMEX.
Other types of oil are known Brent, the OPEC Reference Basket and Dubai crude.
WTI oil is light crude, lighter than Brent crude, contains about 0.24% sulfur. Processes in refineries in the United States, primarily in the Midwest and in areas around the Gulf of Mexico.
WTI crude oil prices
Typical differences in the price per barrel is about $ 1 more than Brent crude and $ 2 more than OPEC Basket.
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