Among the three international oil pricing standards, West Dezhou Intermediate crude oil has been questioned. West Texas Intermediate Oil; WTI) is a 1 crude oil exploitation company in Texas, USA, accounting for only 6% of the domestic crude oil supply in the United States, but its crude oil price is an important indicator of international oil prices. West Texas Light Crude Oil Company has also been repeatedly accused of manipulating oil prices and profiting from oil price fluctuations.
At present, North Sea Brent crude oil and West Texas Intermediate crude oil futures can be traded in the NYMEX York Mercantile Exchange.