The US has become a major oil export powerhouse, making WTI prices essential for global trade. In 2024, 37% of WTI trading volume came from outside the US, up from 29% in 2023, with European and Asian refiners increasingly adopting NYMEX WTI-based pricing. Presented by @cmegroup
https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
