WTI Light Sweet Crude Oil Futures - super ultramodern and precision WTI Share Price chart which is updated in real-time, and displays real wti price online, at which you can trade WTI Future on the Stock Exchange. You can also see historical crude oil price chart!
WTI Share Price
Futures Light Sweet Crude Oil (WTI), is listed on the New York Mercantile Exchange, NYMEX, has recently become part of the CME Group, considered the most actively traded futures contract in the world of oil. The name derives from the brand of oil, which is its underlying asset, it is light, sweet (Light Sweet) on the composition of the crude oil produced primarily in the state of Texas (West Texas Intermediate, WTI).
Exchange trades futures for WTI crude oil started in New York in 1983. Every day on the stock exchange trading around 900,000 futures and options WTI, so quotes of this contract have become an international benchmark price of "black gold", which for the past two decades oriented investors from around the world. Futures Light Sweet Crude Oil (WTI) is not only one of the most liquid, but also one of the most expensive commodity contracts. At current oil prices, the total price of the contract is more than $ 100,000. Exchange CME Group offers traders estimated the mini-contracts for 500 barrels low collateral for investors with small accounts.
Futures Light Sweet Crude Oil (WTI) changes trend on movements in the global political and economic situation. But the greatest impact on the price of WTI Future have news from OPEC countries, the US, China and Russia as the main owners of oil fields and oil consumers. Disasters in regions rich in oil, often inevitably provoke a sharp rise in oils prices. The most influential factor in the movement of WTI Future prices remain geopolitical changes and economic indicators. Crude WTI used to produce gasoline, diesel and other common fuels, and therefore is subject to robust demand.