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|Product Type: Energy CFD
||Measurement Unit: Barrel (42 US gallons)
West Texas Intermediate (WTI) or light sweet crude oil is a standardized contract purchased and sold both in the US and across the globe. It is considered among the world's top 3 most commonly traded energy products. WTI futures CFDs (ticker symbol: CL) are sold in units of 1,000 barrels per US dollars, by the New York Mercantile Exchange (NYMEX) – a world-leading commodity futures exchange entirely owned and operated by CME Group of Chicago. NYMEX releases WTI price quotations all throughout the year, on a daily, weekly and monthly basis.