West Texas Intermediate

noun

A grade or mix of crude oil; also used to refer to the spot price, the futures price, or assessed price for that oil.

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WTI
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Meanings

noun
  1. oil industrybusinessA grade or mix of crude oil; also used to refer to the spot price, the futures price, or assessed price for that oil.

    Synonyms: WTI

Synonyms & antonyms

nounA grade or mix of crude oil; also used to refer to the spot price, the futures price, or assessed price for that oil.

Similar
WTI
Cite this entry
APA

West Texas Intermediate. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/West%20Texas%20Intermediate

MLA

“West Texas Intermediate.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/West%20Texas%20Intermediate. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “West Texas Intermediate,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/West%20Texas%20Intermediate.

Source: West Texas Intermediate on Wiktionary, CC BY-SA 4.0.