WTI Crude Oil Rolling Futures (Spot) reflects the real-time price of West Texas Intermediate (WTI) crude oil, a major benchmark for US oil pricing. It is primarily extracted in North America, and its fluctuations are driven by US shale production, OPEC decisions, refinery demand, and geopolitical factors. These factors play a crucial role in energy markets and inflation trends.
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XTIUSD FAQs – Your Questions Answered
What is WTI crude oil?
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WTI is a light, sweet US crude oil benchmark that heavily influences energy prices, inflation, and global growth expectations.
What's the difference between WTI and Brent?
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WTI reflects US supply dynamics, while Brent is the global benchmark. Prices usually track closely but can diverge.
How does OPEC affect oil prices?
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OPEC+ production decisions directly influence supply. Cuts tend to raise prices; increases usually pressure them.
When is the best time to trade WTI?
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WTI liquidity is typically highest during the overlap of the European and US markets. Volatility also tends to increase around key US inventory releases, creating additional trading opportunities.
How do geopolitics affect oil?
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Conflicts, sanctions, and supply disruptions often trigger sharp price spikes.