Commodity market may include interest rates, environmental instruments, swaps, or freight contracts. Source: International Trade Centre Energy commodities include crude oil particularly West Texas Intermediate (WTI) crude oil and Brent crude oil, natural gas, heating oil, ethanol and purified terephthalic acid. Hedging is a common practice for these commodities. For many years, West Texas Intermediate (WTI) crude oil, a light, sweet crude oil, was the world’s most-traded commodity. WTI is a grade used as a benchmark in oil pricing. It is the underlying commodity of Chicago Mercantile Exchange's oil futures contracts. WTI is often referenced in news reports on oil prices, alongside
Miss Texas Teen USA entrant to win the crown in 2016. Texas and the state of Oregon are the only states to have won Miss Teen USA three times. Texas has also won several awards, including Miss Photogenic in 2010. Texas's best performance came in the 1980s, where they placed in all but one year and were runners-up on five occasions. Despite this, they still placed second to New York in that decade in terms of number and value of placements. Despite being on top overall, Texas has never been the best state in any particular decade. While a number of Texas teens have