West Texas Intermediate crude oil

URI: https://gptkb.org/entity/West_Texas_Intermediate_crude_oil
GPTKB entity
Statements (50)
Predicate Object
gptkbp:instanceOf gptkb:oil
gptkbp:abbreviation gptkb:WTI
gptkbp:category light crude
sweet crude
gptkbp:compared_to_Brent_crude higher API gravity
lower sulfur content
gptkbp:contrastsWith gptkb:Brent_crude
gptkb:Dubai_crude
gptkbp:currency_traded_in gptkb:US_dollar
gptkbp:first_traded 1983
gptkbp:futures_contract_symbol gptkb:CL
gptkbp:heldBy benchmark crude oil
gptkbp:historically_priced_below gptkb:Brent_crude
https://www.w3.org/2000/01/rdf-schema#label West Texas Intermediate crude oil
gptkbp:importantFor global oil markets
energy trading
economic indicators
US oil industry
gptkbp:main_delivery_point gptkb:Cushing,_Oklahoma
gptkbp:mainly_produced_in gptkb:Texas
gptkb:United_States
gptkbp:mainly_refined_in gptkb:Midwest_United_States
Gulf Coast United States
gptkbp:major_consumer gptkb:Canada
gptkb:China
gptkb:Europe
gptkb:Mexico
gptkb:United_States
gptkbp:price_affected_by global oil demand
geopolitical events
US oil production
gptkbp:price_reported_by gptkb:Bloomberg
gptkb:Reuters
gptkb:U.S._Energy_Information_Administration
gptkbp:regulates gptkb:Commodity_Futures_Trading_Commission
gptkbp:sometimes_priced_above gptkb:Brent_crude
gptkbp:stored_at gptkb:Cushing,_Oklahoma
gptkbp:sulfur_percentage 0.24%
gptkbp:sulfurContent low
gptkbp:surfaceGravity 39.6
gptkbp:tradedOn gptkb:New_York_Mercantile_Exchange
Futures Contract
spot market
options contract
gptkbp:transportation pipeline
gptkbp:usedFor diesel production
gasoline production
oil pricing benchmark
gptkbp:bfsParent gptkb:NYMEX_WTI_Crude_Oil
gptkbp:bfsLayer 7