Markets give backing to WTI as oil benchmark

oil barrels

West Texas Intermediary (WTI) grade crude oil trading volumes have rebounded strongly in the second quarter, diminishing chances that it could lose its place as a global benchmark for crude oil prices, the derivatives market-place CME Group said on Wednesday.

"I know during Q1 the amount of WTI futures traded was a little bit less than it had been in the last two years," says Bob Levin, managing director of energy research and product development at CME Group. "However, so far in Q2 there's been

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: