|
gptkbp:instanceOf
|
crude oil benchmark
|
|
gptkbp:alsoKnownAs
|
gptkb:Texas_light_sweet
|
|
gptkbp:APIGravity
|
39.6
|
|
gptkbp:category
|
light crude oil
sweet crude oil
|
|
gptkbp:containsSettlement
|
physical delivery
|
|
gptkbp:contrastsWith
|
gptkb:Brent_crude
gptkb:Dubai_crude
|
|
gptkbp:currency
|
gptkb:USD
|
|
gptkbp:deliveryPoint
|
gptkb:Cushing,_Oklahoma
|
|
gptkbp:firstTraded
|
1983
|
|
gptkbp:fullName
|
gptkb:West_Texas_Intermediate
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
WTI
|
|
gptkbp:importantFor
|
global oil benchmark
|
|
gptkbp:mainLine
|
gptkb:Oklahoma
gptkb:Texas
gptkb:United_States
|
|
gptkbp:negativePriceReason
|
gptkb:COVID-19_pandemic
oil demand collapse
storage shortage
|
|
gptkbp:notableEvent
|
gptkb:April_2020_price_crash
|
|
gptkbp:priceRange
|
global oil demand
OPEC decisions
geopolitical events
US inventory levels
US oil production
transportation constraints
|
|
gptkbp:priceWentNegative
|
April 20, 2020
|
|
gptkbp:relatedTo
|
gptkb:energy
energy markets
commodities trading
speculation
petroleum industry
hedging
spot market
arbitrage
backwardation
contango
oil futures
|
|
gptkbp:stockSymbol
|
gptkb:CL
|
|
gptkbp:sulfurContent
|
0.24%
|
|
gptkbp:targetUser
|
futures
1,000 barrels
|
|
gptkbp:tradedOn
|
gptkb:New_York_Mercantile_Exchange
gptkb:Intercontinental_Exchange
|
|
gptkbp:usedBy
|
governments
oil producers
oil traders
refiners
|
|
gptkbp:usedFor
|
oil pricing
|
|
gptkbp:bfsParent
|
gptkb:West_Texas_Intermediate
|
|
gptkbp:bfsLayer
|
6
|