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
Sweet Home, Lavaca County, Texas Sweet Home, Lavaca County, Texas Sweet Home is an unincorporated community in Lavaca County, Texas, United States. According to the Handbook of Texas, the community had an estimated population of 360 in 2000. Sweet Home is located at (29.3452449, -97.0716517). It is situated at the junction of Farm Roads 318 and 531 in Lavaca County, approximately one mile east of U.S. Highway 77A. Cities within a radius of Sweet Home include Hallettsville (to the northeast), Shiner (to the northwest), and Yoakum (to the southwest). In June 1853, Alabama native Solomon West purchased of land along Mustang Creek in Lavaca County.