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Now, why would someone trade **WTI futures**? There are primarily two reasons: hedging and speculation. Hedging involves using futures contracts to protect against price fluctuations. For example, an airline might buy WTI futures to lock in the price of jet fuel. This protects them from rising oil prices that could eat into their profit margins. On youngbloodz net worth the other hand, speculators aim to profit from anticipating the future direction of the **WTI price**. They might believe the price will increase and buy futures contracts, hoping to sell them later at a higher price. Alternatively, they might believe the price will decrease and sell futures contracts, expecting to buy them back at a lower price.
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