About US Crude Oil (WTIUSD)

Oil - US Crude is a highly sought-after trading asset in the commodities market. As one of the most actively traded commodities, US Crude Oil represents the benchmark for oil prices worldwide. This asset refers to the light, sweet crude oil extracted from various regions in the United States, including the Permian Basin, Eagle Ford, and Bakken formations. With its high liquidity and global significance, trading US Crude Oil offers investors the opportunity to speculate on the fluctuations in oil prices, influenced by factors such as geopolitical tensions, supply and demand dynamics, and global economic conditions. Traders can access this asset through various futures contracts and exchange-traded funds (ETFs), allowing them to participate in the energy market and potentially capitalize on price movements.