West Texas Intermediate between the two has once again increased to over $14, but was back down to $4 by the end of 2014. West Texas Intermediate West Texas Intermediate (WTI), also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing. This grade is described as Medium crude oil because of its relatively low density, and sweet because of its low sulfur content. It is the underlying commodity of New York Mercantile Exchange's oil futures contracts. The price of WTI is often referenced in news reports on oil prices, alongside the price of Brent
Commodity pathway diversion inherent market value. They reacted against this perceived commoditization of art by producing what they considered decommodified art. However, as Kopytoff argued, "commodities must be not only produced materially as things, but also culturally marked as being a certain kind of thing." Thus, when diverting industrial materials from their commodity pathways to produce art became culturally valuable, the objects themselves gained value (1985). Finally, pop artist Andy Warhol, created artwork couched in what Appadurai refers to as the "aesthetics of decontextualization." In his famous Campbell's Soup painting, Warhol diverts advertising from its commodity pathway by reproducing it as a work