The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
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Answer: A. West Texas Intermediate (WTI) is a light, sweet grade of crude oil from the United States. It is a benchmark for oil prices, along with Brent.
Watch for: In April 2020 WTI prices turned negative, so students may know the name but not the commodity.
Why the other options are wrong
- B. Wrong because bullion means gold and silver.
- C. Wrong because rare earth elements are metals, not graded this way.
- D. Wrong because uranium is not called WTI.
Source to check: US Energy Information Administration (eia.gov), crude oil benchmarks
Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.