Room at the Top - NYMEX Leads the Way on WTI Futures Contracts, But There's Room for More
RBN Energy Blogcast · Taylor Noland
March 5, 202511m 4s
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Show Notes
The U.S. crude oil market has undergone a drastic shift since the Shale Revolution. After a quarter-century of declining production and increasing dependence on imported oil, the U.S. has become the world’s leading producer. This transformation turned the U.S. into a major exporter and a critical supplier to the international market and also led to an evolution in crude oil trading. In today’s RBN blog, the first in a series, we’ll explore the history of West Texas Intermediate (WTI) futures contracts.