WTI vs Brent- which is the better benchmark? Or, perhaps what is WTI and what is Brent? Primarily, there are two types of crude oil traded in the international markets (three really, but two majors): WTI (West Texas Intermediate) and Brent.
WTI used as a benchmark in determining oil prices, is crude oil of high quality. The spot price is […]
Source: OIl Price News