You can choose to watch it on another channel. International oil price refers to the price of WTI crude oil, that is, the price of West Texas light crude oil in the United States. It is the latest contract price of WTI crude oil futures traded on the New York Mercantile Exchange Futures Exchange, and it is the benchmark price of crude oil commonly used in American market and western hemisphere market.

The abbreviation of oil futures is OilFut, which is the abbreviation of English OilFuture oil futures. It is a standardized contract made by the exchange to deliver a certain amount and quality of oil at a specific time and place in the future. It is a trading variety in futures trading.