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
Texas State Technical College core which, when transferred to a Texas public college or university, can substitute for freshman and sophomore major requirements. The Texas State Technical College is governed by a nine-member Board of Regents and operated under the direction of a chancellor. These regents, who provide a statewide perspective, are appointed by the governor to six-year terms. The board meets quarterly to provide leadership and enact policies for the successful management and operation of the system. The colleges operate under the rules and regulations of the Texas Higher Education Coordinating Board. The Texas State Technical College Chancellor is Michael L. Reeser. TSTC