What is the unit of oil (WTI)?

Unit conversion for Oil (WTI) Price Today. Conversion. Oil (WTI) Price. 1 Barrel ≈ 0,136 Tonnes of Crude Oil. Oil (WTI) Price Per 1 Ton 287.43 USD. 1 Barrel = 42 Gallons. Oil (WTI) Price Per 1 Gallon 0.93 USD. 1 Barrel = 336 Pint. Oil (WTI) Price Per 1 Pint 0.12 USD.

How much is a barrel of crude oil (WTI)?

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 534.04 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon

What are WTI crude oil futures?

WTI (West Texas Intermediate, a US light sweet crude oil blend) futures provide direct crude oil exposure and are the most efficient way to trade oil after a sharp rise in US crude oil production. Use WTI Crude Oil futures to hedge against adverse oil price moves or speculate on whether WTI oil prices will rise or fall.

Is WTI a sweet oil?

WTI is known as a light sweet oil because it contains between 0.24% and 0.34% sulfur, making it " sweet ," and has a low density (specific gravity), making it "light." 1 2 WTI is the underlying commodity of the New York Mercantile Exchange 's (NYMEX) oil futures contract and is considered a high-quality oil that is easily refined.