WTI crude oil is a medium crude oil from West Texas, which is often called American crude oil by investors and 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. Crude oil futures contract has good liquidity and high price transparency, and it is also a hot trading variety in the world. WTI crude oil has futures and spot contracts, some trading platforms are directly represented by WTI, and some codes are crude oil or USOil.