JP Morgan is sticking to its base-scenario oil rate forecast for 2025, projecting Brent crude will trade during the very low-to-mid $60s, Regardless of a pointy escalation in geopolitical tensions involving Iran,…

Good quality: WTI is taken into account a "light-weight sweet" crude oil, which happens to be simpler to refine, even though Brent is usually a mixture of crude oils, such as the two "mild sweet" and "major bitter" grades.

WTI futures contracts are typically settled via physical delivery. If a trader holds a agreement till expiration and does not offset or roll more than the situation, they have to offer or just take delivery of the particular crude oil.

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