Crude Oil (WTI) Chart
West Texas Intermediate - The benchmark for US crude oil
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About Crude Oil
Crude Oil (WTI - West Texas Intermediate) is a grade of crude oil used as a benchmark in oil pricing. It is a light, sweet crude oil that is of very high quality and is excellent for refining a larger portion of gasoline.
Oil prices are influenced by a variety of factors including global supply and demand, OPEC decisions, geopolitical events, economic data, and weather conditions. The oil market is known for its volatility, making it a popular choice for traders looking for price movement opportunities.
With ACM INDEX, you can trade Crude Oil CFDs without needing to deal with physical delivery. This allows you to speculate on both rising and falling prices with leverage.
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