The price of a barrel of West Texas Intermediate (WTI), a benchmark for so - called light sweet crude oil, tumbled from its June high of $ 108 to a low in January of $ 44. (fortune.com)
The violence in Libya for instance, directly threatened the energy security of the members of the Alliance due to the interruption of supply of European refineries with light sweet crude oil and the supply of natural gas to pipelines to Italy. (blog.politics.ox.ac.uk)
With oil back up at USD 50 (as quoted by the NYMEX light sweet crude oil futures), the energy sector (15 %) of the S&P U.S. Issued High Yield Corporate Bond Index returned 5.73 % in February. (indexologyblog.com)