Crude Comparison: WTI vs Brent Crude Oil Benchmarks
Key Takeaways WTI and Brent crude, both light and sweet, are considered global crude oil benchmarks WTI is extracted from the United States, primarily in Texas, Louisiana, and North Dakota; Brent is extracted from the North Sea Each has unique characteristics that make them responsive to different geopolitical, local, and economic forces So you’ve decided […]