Light Sweet Crude Oil (WTI) contracts are considered the world"s most actively traded energy products. Light sweet crudes are preferred by refiners because of their low sulfur content and relatively high energy efficiency of high-quality products such as gasoline, diesel fuel, heating oil, and jet fuel. WTI contracts play an important role in managing risk in the energy sector worldwide because of the contracts liquidity, large number of consumers and high transparency of the deals. CFDs on Light Sweet Crude Oil are quoted in US dollars per 1 barrel (1 CFD contract contains 1 barrel of oil, 1 lot contains 1000 barrels of oil). 1 barrel equals 158.988 litres.
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