Crude Oil (WTI) (Granular)
Minerals · HS 2709.1 · verified suppliers & live price
About Crude Oil (WTI) (Granular)
West Texas Intermediate (WTI) crude oil is a light, sweet petroleum grade extracted primarily from the Permian Basin and other U.S. onshore fields. It serves as a global benchmark for oil pricing and feeds refineries producing gasoline, diesel, jet fuel, and petrochemicals. WTI is traded as a standardized commodity with API gravity around 39-40°, containing minimal sulfur content. Major U.S. production regions include Texas, Oklahoma, and New Mexico, with exports increasing since 2015. Key trading hubs operate at Cushing, Oklahoma. Buyers should note that WTI pricing exhibits significant volatility linked to geopolitical events and OPEC decisions, making forward contracting essential for budget certainty. Transportation logistics to coastal export terminals significantly impact delivered costs.
Specifications
- Grade / spec
- NYMEX WTI basis, Granular
- 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) (Granular) currently matches 0 verified suppliers across 0 countries, with a live benchmark price. Its Genesis Sourcing Index of 25/100 reflects emerging sourcing availability — firm offers are assembled through the Genesis sourcing desk, every one escrow-protected.
Computed live from the Genesis network — verified‑supplier availability, geographic reach and price transparency. Recalculated continuously; found only on Genesis.
Frequently asked questions
What is the current price of Crude Oil (WTI) (Granular)?
Crude Oil (WTI) (Granular) is priced at approximately $85.46 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) (Granular) to source?
Crude Oil (WTI) (Granular) carries a Genesis Sourcing Index of 25/100 (Emerging), based on 0 verified suppliers across 0 countries on the network and live benchmark pricing. The Genesis sourcing desk assembles firm offers for you.
Who are verified suppliers of Crude Oil (WTI) (Granular)?
Genesis Trade lists verified Crude Oil (WTI) (Granular) suppliers and exporters worldwide. Every transaction is escrow-protected.
How do I buy Crude Oil (WTI) (Granular) 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.