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 Miss Texas Teen USA The Miss Texas Teen USA competition is the pageant that selects the representative for the state of Texas in the Miss Teen USA pageant. Texas is one of the most successful states across all twenty-seven years of competition at Miss Teen USA. They have had seventeen semi-finalists, three more than any other state. They have won the crown three times, in 1996 when Christie Lee Woods took the title (Woods later went on to star in "The Amazing Race 5") and 15 years later in 2011 when Danielle Doty won. Karlie Hay became the third Texan