The crude oil moreover known as petroleum may be a fluid found within the Earth and is made of hydrocarbons, natural compounds, and minor amounts of metal. There are numerous sorts of crude produced around the world and the quality characteristics are reflected within the value. The foremost vital characteristics are sulphur substance, which can be characterized as sweet or acrid, and the density ranges from heavy to light.
The higher estimated crudes are more often light (lower density) and sweet (low sulphur amounts). It is more cost effective to create energy products, like gasoline and diesel, using a light sweet unrefined oil. These grades are needed more since they can be prepared with refineries requiring less energy.
Brent is the major benchmark price for buying oil worldwide and is utilized to price 2/3 of the world’s globally exchanged oil. It is considered a sweet light unrefined oil meaning low density and low sulphur.
Exchange oil on the most progressive platforms with great leverage, competitive spreads, exclusive news, analysis and training materials.
As one of the world’s leading forex and Cfd’s brokers, we offer several distinct advantages for oil traders.
One of the main benefits of commodity trading CFDs (contracts for difference) with us are the flexibility and freedom they offer to the traders. With CFDs you can exchange crude oil and other energy products at real time market rates, with no fees or complications associated with trading directly in the oil futures market.
You can both purchase and sell short without any restriction and without paying additional charges and you can put your analysis into motion whichever course you think the market has taken
WTI (West Texas Intermediate): is the oil taken from wells in the U.S and sent to Oklahoma by pipeline, it is however, expensive to ship around the globe. WTI is the benchmark for all oil in the United States. Traded on the NYMEX exchange.
Brent Crude: This oil comes from fields in the North Sea and includes: Brent and Forties blends, and Oseberg and Ekofisk crudes. Easy to transport to far locations, this light and sweet oil is ideal for refining diesel and gasoline. Traded on the ICE EUROPE exchange.
For new and established investors looking to trade oil, our company offer many other advantages. Basically we offer: educational instruments to assist you succeed, around the clock customer service, and daily market analysis and charts are sent to you on a regular basis.