Crude Oil (WTI)

West Texas Intermediate is the crude oil that sets the price of American energy. It is a light, low-sulfur grade, qualities refiners prize because it yields more gasoline and diesel with less processing, and it trades as one of the world's two main oil benchmarks alongside Brent. Physical barrels are priced and delivered at Cushing, Oklahoma, a pipeline hub whose storage tanks give the contract its settlement point. Futures change hands on the New York Mercantile Exchange, where producers hedge, refiners lock in costs and traders bet on everything from OPEC decisions to US shale output. Because Cushing is landlocked, WTI often trades at a discount to seaborne Brent, and the gap between the two is watched as a read on North American supply. Its price feeds straight into what drivers pay at the pump.

On MyRWA, WTI trades tokenized across 26 on-chain venues - see the listings below.