WEST TEXAS INTERMEDIATE

Description

WTI is a light crude oil, with an API gravity of around *9.6 and specific gravity of about 0.**7, which is lighter than Brent crude. It contains about 0.*4% sulfur thus is rated as a sweet crude oil (having less than 0.5% sulfur), sweeter than Brent which has 0.*7% sulfur. WTI is refined mostly in the Midwest and Gulf Coast regions in the U.S., since it is high quality fuel and is produced within the countr