WTICO/USD

WTICOUSD CFD is a product offered by OANDA Singapore, based on West Texas Intermediate Crude Oil futures.

Trade the price movement of this crucial North American crude oil benchmark, influenced by supply, demand, and geopolitical events. Track the WTI Crude Oil price movements and their impact on energy markets.

The physical West Texas Intermediate (WTI) Oil serves as a key benchmark for crude oil, primarily sourced from oil fields in the United States. It's recognized for its light, sweet quality, characterized by its low sulfur content. This makes it highly valued in the global market, standing alongside Brent Crude as a crucial indicator of crude oil prices worldwide.