Yes, the Crude Oil Futures data presented on the Investing.com website and our mobile apps (Android & iOS) refers specifically to West Texas Intermediate (WTI) Crude Oil.
To provide some context based on publicly available information (e.g. Wikipedia):
- West Texas Intermediate (WTI): Also known as Texas light sweet, WTI is a grade of crude oil.
- Benchmark Role: It is used as a benchmark in oil pricing.
- Futures Connection: WTI is the underlying commodity for the New York Mercantile Exchange's (NYMEX) oil futures contracts.
- News Reference: Due to its benchmark status, the price of WTI is often referenced in news reports covering oil prices.
This clarification confirms that the "Crude Oil Futures" information available to all our users (guest, registered, Pro, and Pro+) corresponds to the WTI benchmark.
Got more questions?
We hope you found the answers you were looking for. Please visit our Investing Help Center for further information.
Comments
0 comments
Article is closed for comments.