Crude Oil (WTI)
Minerals · HS 2709.1 · verified suppliers & live price
About Crude Oil (WTI)
West Texas Intermediate (WTI) crude oil is a light, sweet petroleum benchmark extracted from wells in Texas and Oklahoma. It serves as the primary feedstock for gasoline, diesel, and jet fuel production, alongside petrochemical manufacturing. WTI is traded internationally as a standardized grade with API gravity of approximately 39-40 degrees and sulfur content below 0.42 percent, making it highly sought for downstream refining. Major producers include the United States, Canada, and Mexico, with significant exports flowing from the Gulf Coast via tanker routes to Asia and Europe. Buyers should verify delivery specifications against Cushing, Oklahoma storage standards, as pricing fluctuations directly correlate with inventory levels at this critical distribution hub, impacting actual procurement costs and contract settlement values.
Specifications
- Grade / spec
- NYMEX WTI basis
- HS code
- 2709.1
- Trading unit
- bbl
- Category
- Minerals
- Pricing basis
- Live Genesis Index (market)
- Buyer protection
- Escrow.com · inspection on release
Genesis Sourcing Intelligence™
On the Genesis network, Crude Oil (WTI) currently matches 59 verified suppliers across 5 countries, with a live benchmark price. Its Genesis Sourcing Index of 83/100 reflects excellent sourcing availability — expect fast, competitive firm offers, every one escrow-protected.
Computed live from the Genesis network — verified‑supplier availability, geographic reach and price transparency. Recalculated continuously; found only on Genesis.
Verified Crude Oil (WTI) suppliers
Frequently asked questions
What is the current price of Crude Oil (WTI)?
Crude Oil (WTI) is priced at approximately $69.21 per bbl on the live Genesis Index (real-time market reference). Request a quote for a firm, escrow-protected offer.
How available is Crude Oil (WTI) to source?
Crude Oil (WTI) carries a Genesis Sourcing Index of 83/100 (Excellent), based on 59 verified suppliers across 5 countries on the network and live benchmark pricing. Sourcing is strong — competitive firm offers typically return fast.
Who are verified suppliers of Crude Oil (WTI)?
Genesis Trade lists verified Crude Oil (WTI) suppliers and exporters worldwide, including LafargeHolcim, BAB ALKHAIR OFFSHORE CRUDE OIL TRADING L.L.C, Crude Oil Storage Tank Export Quality Custom Storage Tanks, Reliable Crude Vermiculite Ore Supplier for Agricultural Use. Every transaction is escrow-protected.
How do I buy Crude Oil (WTI) safely?
Request a quote on Genesis Trade. Payment is held by Escrow.com — a US-licensed, regulated escrow provider — and released only after independent inspection and your confirmation of the goods.