WTI definition

WTI means West Texas Intermediate and is a grade of crude oil used as a common benchmark in oil pricing. WTI is a sweet crude oil and has a relatively low density.
WTI means a Specified Grade of Crude Petroleum meeting the specifications described for WTI in Item No. 10.

Examples of WTI in a sentence

  • Xx: 5.20 In one winding of each phase as described below Against this we will provide the 1 No WTI and 1 No. of OTI in marshalling Box .


More Definitions of WTI

WTI means West Texas Intermediate, a grade of crude oil used as a benchmark in oil pricing.
WTI. ’ means West Texas Intermediate, a benchmark crude oil.
WTI means West Texas Intermediate, a light sweet blend of oil produced from fields in western Texas and is a grade of oil used as a benchmark in oil pricing.
WTI means, with regard to any month, the NYMEX calendar month average settlement price for West Texas Intermediate for that month in barrels multiplied by 6.289811 barrels per cubic metre.
WTI means the price of West Texas Intermediate oil on the NYMEX.
WTI means West Texas Intermediate. “/Bbl” means per barrel.
WTI means West Texas Intermediate crude oil and any crude oil meeting the specifications of the NYMEX WTI futures contract for delivery at Cushing, Oklahoma.