Texas Intermediate (TI) Oil

Texas Intermediate (TI) Oil, more commonly known as West Texas Intermediate (WTI), is a type of crude oil that serves as a major benchmark for oil prices in North America. It is light and sweet, meaning it has a low density and low sulfur content, making it easier and cheaper to refine into products like gasoline. WTI is sourced mainly from Texas and Oklahoma and is traded on global markets. Its price influences energy costs, economic policies, and investment decisions, acting as a key indicator of oil market health and trends in the United States and beyond.