When you hear the news reporters talk about the price of
crude oil in the marketplace, they’re generally talking about
WTI, which is West Texas Intermediate crude oil. It’s a very
light, sweet crude oil and the highest grade that’s out there.
Crude oil is based on and priced on the amount of sulfur that’s
in the oil. It makes it easier or harder to refine base on the
amount of sulfur. WTI being the lightest and sweetest, is the
highest priced crude oil in the marketplace.

It is a benchmark delivered in Cushing, Oklahoma.

In benchmarks for crude oil and global pricing of crude oil, WTI
probably prices about 50% of the global pricing of crude oil.
Brent being basically the other pricing benchmark. There’s two
out there, Brent being a little of a mixture of three different
grades of crude oil; BF&O, Brent 40 and Ossenberg. They’re
all produced in the North Sea.

Please visit the link below to stream live the rest of the complimentary
article from Joseph Ria. The link below will also give you exclusive
access to three more video seminars and articles!

http://www.ino.com/info/36/CD3784/&dp=0&l=0&campaignid=9

Cheers,

Cory Mitchell, CMT

‘Green’ energy gets a lot of attention these days, but you and I
both know the crude market is still a driving factor in everything
we do on a daily basis. Adam didn’t want us to forget that fact
so he put his thoughts and insight into the direction (and future)
of crude oil in this new video.

It’s a short but powerful video that you will appreciate.
Plus, it will give you a floor traders look into
the crude oil market.

Title: How low can crude oil go?
http://www.ino.com/info/399/CD3784/&dp=0&l=0&campaignid=3

All the best in your trading,

~Cory Mitchell, CMT
Chief Market Strategist
Remember, failed breakouts are tradeable too!