WTI Midland
West Texas Intermediate (WTI) assessed at Midland. A light sweet US crude used in domestic refineries or exported to Europe and Asia. Deliverable into the Brent complex from June 2023. Trading terminates 3 business day before the 25th calendar day of the month prior to the contract month. If the 25th calendar day is not a business day, trading terminates 4 business days before the 25th calendar day of the month prior to the contract month.
Currency and unit of measure: $/b
Incoterm: FOB
Quantity: 1,000 bpd
Time of assessment: 14:30:00 America/New_York
Publishing frequency: Daily
Spec: 0.2% max sulphur, 40-44 degrees API gravity
Start Date: 08.03.2021
Please Register or Sign in to view this content.
Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets.
Quantum Oil service subscribers have access to:
- Daily price assessments
- Market news and price commentary
- Fundamental trade data
- Quantum Oil Daily - market report sent to your email
Get in touch with us for subscription information on all Quantum platforms, or help with the service.
