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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

  • The Company also enters physical delivery and derivative WTI price differential contracts which manage the spread between US$ WTI and various stream prices.

  • The WTI three-way options are a combination of a sold call, bought put and a sold put.

  • Sites may use the OMC client tracking forms approved by OHA prior to entering their data into WTI.

  • The WTI costless collars are a combination of a sold call and a bought put.

  • LPHA must ensure that their quarterly data is entered into WTI, cleaned and available for analysis to OHA on a quarterly basis.


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 that serves as the benchmark crude oil for NYMEX crude oil contracts delivered at Cushing, Oklahoma