First of all, their origins are different:
1. Origin of Brent crude oil: it is produced in Brent area of the North Atlantic.
2.WTI crude oil origin: produced in West Texas, USA.
Second, they have different characteristics:
Characteristics of Brent crude oil: Brent crude oil is widely traded in futures, OTC swaps, forwards and spot spot markets. At present, more than 65% of the world's physical crude oil is linked to Brent system pricing. The loading port of Brent crude oil is Sorenfu, shetland islands, Beihai. The main users are refineries located in northwest Europe and the east coast of the United States.
2.WTI crude oil features: This crude oil futures contract has good liquidity and high price transparency, and it is one of the three benchmark prices in the world crude oil market. All crude oil produced or sold in the United States is priced according to light and low sulfur WTI.
Third, the price limits are different:
1. Brent crude oil price limit: Brent crude oil has no price limit.
2.WTI crude oil price limit: WTI crude oil price limit.
Baidu encyclopedia-Brent crude oil
Baidu encyclopedia -WTI crude oil