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 competed for the Miss Texas USA title, only six have won both pageants. The most successful of these was Nicole O'Brian, who placed 1st runner-up at Miss Teen USA and 2nd runner-up at Miss USA. O'Brien also competed alongside Woods on "The Amazing Race 5". Woods was the first Miss Teen USA to not win a Miss title on her first attempt, and despite competing in a number of years never won the Miss Texas USA crown. Age at the time of the Miss Teen USA pageant Miss Texas Teen USA The Miss Texas Teen USA competition is the pageant