What is the difference between North American crude oil and international crude oil


Difference between North American crude oil and international crude oil

The account crude oil is divided into North American crude oil and international crude oil according to different quotation reference objects. North American crude oil is quoted according to the price of West Texas light and low sulfur crude oil futures contract (WTI) of New York Mercantile Exchange (NYMEX) and Brent crude oil futures contract (Brent) of ice.

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