UPSC CSE Prelims
Question 59
The term ‘West Texas Intermediate’, Sometimes found in news, refers to a grade of
View correct answer and explanation
Correct answer: A
Correct Option: A (Crude oil)
Explanation: West Texas Intermediate (WTI) is a light, sweet crude-oil benchmark priced mainly for the US market, often compared with Brent.
Option-wise Analysis:
A. Correct - WTI is a benchmark grade of crude petroleum.
B. Incorrect - Bullion refers to precious metals such as gold and silver, not WTI.
C. Incorrect - Rare-earth elements are a group of metals, not an oil grade.
D. Incorrect - Uranium is a nuclear fuel element unrelated to WTI oil quotations.