WTI & Brent Crude Oil

WTI (West Texas Intermediate) and Brent are the two benchmark crude oil grades most commonly traded as CFDs — WTI reflects US production and pricing, while Brent reflects North Sea production and is the global benchmark for roughly two-thirds of internationally traded oil. Both are heavily influenced by OPEC+ supply decisions, inventory reports, and broader risk sentiment. The price gap between the two (the WTI-Brent spread) shifts with regional supply and transport dynamics and is itself a commonly tracked market indicator.