WTI


Also found in: Financial, Acronyms.

WTI

Abbreviation for:
Waiting Time Initiative
wall thickening index
Working Toward Independence
References in periodicals archive ?
WTI decreased 0.53 dollar to settle at 53.64 dollars a barrel, while Brent crude lost 0.64 dollar to close at 58.7 dollars a barrel.
ICE is home to the world's global crude and refined oil markets and about half of the world's oil futures are traded on ICE's markets, including futures and options on the global benchmark ICE Brent crude, the US benchmark West Texas Intermediate (WTI) crude, the Middle Eastern and Asian benchmark ICE Platts Dubai crude oil, Gasoil, Heating Oil and RBOB Gasoline, as well as hundreds of further grades and oil products.
During January, NYMEX WTI Houston Crude Oil futures average daily volume increased to more than 1,000 contracts traded per day.
As this happens, the spread between Brent and WTI should narrow.
WTI price movements reflect supply-demand conditions in the US, for a long time the largest consumer in the world, burning about one quarter of global crude oil supply.
In the week between August 2 and August 9, hedge funds continued to add an extra 1.5 million barrels of short positions in Nymex WTI.
The addition of a Mini sized WTI contract will further strengthen DGCX's hydrocarbon product portfolio.
North Sea Dated Brent, Dubai and US light sweet marker WTI were up by $4.82/b, $4.99/b and $4.85/b, respectively, over the previous month.
The downside break below $56.80 a week ago was a critical indicator that the price of WTI was set for an aggressive decline and the bears have since pushed the US benchmark crude down to a low $50.57.
Dubai: The Brent WTI (West Texas Intermediate) spread rose to $9 per barrel on Tuesday, its highest since August, and indications are it may widen further as a huge build-up in WTI inventories and supply disruptions in Libya are favourable for Brent, analysts said.
Irvine, CA, December 17, 2014 --(PR.com)-- In appreciation of many years of community service and valuable conservation efforts, WTI has renewed its commitment of financial support for the Keller Peak Fire Lookout and Butler Peak Fire Lookout through the National Forest Association's Adopt-A-Lookout Program.