Question: only question 2. the commodity to be used is crude oil WTI ! 1. Introduction: Tackle the following questions in this section - Why is

only question 2. the commodity to be used is crude oil WTI !

1. Introduction: Tackle the following questions in this section - Why is this commodity essential? What has been the global production and consumption of this commodity, and Where is it mainly used? (You have to research this and properly reference them in APA style) Furthermore, what are the drivers of price for this commodity? 2. Micro-Market and Contract Details: Give details on which exchange the commodity trades, and contract specifications (like quantity and quality), delivery specifications, and other details, including for which months the futures exist and where it is going to be delivered. 1. Introduction: Tackle the following questions in this section - Why is this commodity essential? What has been the global production and consumption of this commodity, and Where is it mainly used? (You have to research this and properly reference them in APA style) Furthermore, what are the drivers of price for this commodity? 2. Micro-Market and Contract Details: Give details on which exchange the commodity trades, and contract specifications (like quantity and quality), delivery specifications, and other details, including for which months the futures exist and where it is going to be delivered

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