West Texas Intermediate 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 crude from the North Sea. Other important oil markers include the Dubai Crude, Oman Crude, Urals oil and the OPEC Reference
Value-added wood products in Ontario Value-added wood products in Ontario Value-added wood products in Ontario are the result of combining commodity level products and innovation. Essentially, producing value-added wood products means taking raw materials and turning it into something useful. For example: engineered wood, millwork, cabinets, furniture, tongue depressors or popsicle sticks, just to name a few. Additional processing of a commodity wood product by manufacturers creates a specialty product whose value is more than the original product. These value-added products become part of the secondary sector of our economy. The province’s forest industry is supported mainly by the Northern Ontario boreal forest. These are