XT
WTI XTIUSD
––
Daily High –Daily Low –
Trade On– pick your platform
Overview
What is WTI?
WTI is an American grade of oil produced in Texas, which contracts are traded on the ICE Futures Europe. Historically, its prices are close to those of Brent despite being of higher quality. Oil price setting equally depends on the geopolitics, macroeconomics and supply/demand balance. Oil prices are greatly influenced by the concerted position of the Organization of Petroleum Exporting Countries (OPEC) which includes such countries as: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Libya, United Arab Emirates, Algeria, Nigeria, Ecuador, Angola.
–
Spread from
–
24h change
1:1000
Max leverage
Explore similar markets
Other instruments with similar trading characteristics.
