WTI Crude Oil USOIL
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Price history
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About WTI Crude Oil
USOIL represents the WTI Crude Oil market within the energy category. The quote follows that particular energy product; different oil grades and gas products need not have the same price because their specifications, delivery locations and market conditions differ. Instrument type and measurement units also matter when comparing quotes.
Production, consumption, inventories and the ability to transport energy are important to the WTI Crude Oil market. Seasonal conditions and supply developments can also affect prices. Instruments with different delivery dates can have different quotes even when they refer to the same energy product.
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