Why Growth in U.S. Crude Exports is Synonymous with Growth of NYMEX WTI
Crude oil traded across North America is negotiated and transacted as a differential to the CME Group WTI futures contract, which represents the outright price of a barrel of domestic light sweet crude oil at Cushing, Oklahoma.
More from CME Group
The most important insight of the day
Get the Harvest Daily Digest newsletter.