Definition of West Texas Intermediate (WTI - Cushing)

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TeachMeFinance.com - explain West Texas Intermediate (WTI - Cushing)



West Texas Intermediate (WTI - Cushing)

The term 'West Texas Intermediate (WTI - Cushing)' as it applies to the area of energy can be defined as ' A crude stream produced in Texas and southern Oklahoma which serves as a reference or 'marker' for pricing a number of other crude streams and which is traded in the domestic spot market at Cushing, Oklahoma'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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