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How WTI Became the Most Important Commodity Contract on the Planet
March 27, 2023
WTI

WTI

Owain Johnson, CME Group

AT A GLANCE

  • Since launching 40 years ago, WTI crude oil futures have gone from a nascent contract to setting the agenda for the entire commodity suite
  • U.S. exports have gone from virtually zero in 1983 when WTI launched, to a current rate of

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