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
What Is Life a combination that became the top-selling single of 1971 in that country. "What Is Life" is one of Harrison's most commercial and popular songs – a "spiritual guitar quest" that "became [a] classic", according to "Rolling Stone" magazine. On release, "Billboard" magazine's reviewer wrote of "What Is Life" and "Apple Scruffs" as "intriguing rhythm follows-ups" to Harrison's previous single, which were "sure to repeat that success" and "should prove big juke box items". In their "Solo Beatles Compendium", authors Chip Madinger and Mark Easter refer to it as an "intensely catchy track" and view its pairing with "My Sweet Lord"