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Trends & Analysis
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Crude oil retreats from a 5-month high

Trends & Analysis
News

Top 2024 Crypto trends: are they likely to continue in 2025?

News

Does Netflix rally this week?

News

Europe stocks volatile on Trump’s inauguration day

News

GBP/USD dips on contraction in UK’s retail sales

News

Week Ahead Preview: 20th of January

News

Crude oil retreats from a 5-month high

US Oil (WTI) price chart, background, and sentiment

Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.

West Texas Intermediate (WTI) is a major benchmark for oil prices in the international market, widely used as a reference for pricing and trading crude oil. Produced primarily in the United States, WTI is a high-quality, light, and sweet crude oil known for its relatively low sulphur content, making it desirable for refining into gasoline and other refined petroleum products.

US Crude Price Today

Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.

WTI’s price is influenced by a range of factors, including global supply and demand dynamics, geopolitical events, economic conditions, and production decisions from major oil-producing countries. WTI prices are often affected by events and policies within the United States, as well as developments in the wider global oil market. Since WTI is produced further inland than Brent crude, it can take longer to bring new supply to market.

WTI is an important industrial commodity and tracks the general industrial economy. Oil is susceptible to price shocks and supply-driven cycles, and like many commodities may move in a supercycle pattern. WTI usually trends at a discount to Brent Crude.

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