WTI crude oil

Exchange / contract: Light Sweet Crude Oil futures rulebook (Chapter 200): the unit of trading shall be 1,000 U.S. barrels (42,000 U.S. gallons) — source (primary, ✓ checked)
Exchange / contract: NYMEX WTI is closely connected to the spot market (physical settlement) — source (primary, ✓ checked)
Tick size: Light Sweet Crude Oil minimum price fluctuation: $0.01 (1 cent) per barrel — source (primary, ✓ checked)
Price drivers: Crude oil prices are driven by global supply and demand; economic growth is one of the biggest factors affecting petroleum products demand — source (primary, ✓ checked)
Price drivers: OPEC can significantly influence oil prices by setting production targets for its members — source (primary, ✓ checked)
Key reports: EIA publishes the Weekly Petroleum Status Report — source (primary, ✓ checked)

Last checked: 2026-11-04 · Educational reference, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.