Markets
Wednesday, 7/22, 10:14 AM
Brent vs WTI: the two oil benchmarks that set the price of crude
- When a headline says oil is at $80, it usually means one of two prices: Brent or West Texas Intermediate.
- They are the world's benchmark crudes, one priced in the North Sea, the other in a small town in Oklahoma, and the gap between them tells you something real about where the oil is and who wants it.


