What Is the Difference between WTI and Brent Crude Oil Futures? ▴ Learn

What Is the Difference between WTI and Brent Crude Oil Futures?

WTI (West Texas Intermediate) and Brent crude oil futures are the two primary global oil benchmarks, but they differ in the type of oil, delivery location, and market reach. WTI is a high-quality, light, sweet crude oil delivered at Cushing, Oklahoma, and is primarily the North American benchmark.

Brent is a blend of crude oils from the North Sea, delivered via a cash settlement based on a physical market price, and serves as the international benchmark, especially for European and Asian markets.

What Is the Primary Difference between Cash-Settled and Physically-Settled Crypto Futures?

How Does the Settlement Process Differ between Cash-Settled and Physically-Settled Futures?

How Does a Cash-Settled Futures Contract Differ from a Physically-Settled One in This Context?

Give an Example of a Common Physically-Settled Derivative in Traditional Finance