Online Oil Trading
Crude Oil also known as petroleum is a liquid found in the Earth. It is made of hydrocarbons, organic compounds, and tiny amounts of metal. There are many types of crude produced around the world and their quality characteristics are reflected in the value as the most important characteristics are sulfur content, which can be defined as sweet or sour, and density ranging from heavy to light.
Crudes with higher prices are usually light (lower density) and sweet (low sulfur amounts). It is less expensive to produce energy products, such as gasoline and diesel, using a light sweet crude oil. And since they can be processed with refineries requiring less energy, they are wanted more.
Brent is the major benchmark price for oil purchases around the world. It is used to price 2/3 of the world’s internationally traded oil. It is considered a sweet light crude oil, namely low density and low Sulphur content.
Trade oil on the most advanced platforms with high leverage, competitive spreads, exclusive news, analysis and educational materials.
MarketsTrades offers, as one of the world’s leading forex and CFD brokers, several distinct advantages for oil traders.
- Trade WTI and Brent crude oil
- Get leverage of up to 100:1 on your trades
- MetaTrader 5 platform available
- Trade on the move with our new mobile trading app
- Get live multilingual customer support whenever the market is open
Flexibility and freedom of the trader is one of the main advantages of trading commodity CFDs (contracts for difference) with MarketsTrades. Trade crude oil and other energy products at live market rates with the CFDs without any of the fees or complications associated with trading directly in the oil futures market.
Buy and sell short without any restriction and without paying a fee. Consider where the market is head and put your analysis into action.
WTI (West Texas Intermediate): oil taken from wells in the U.S and sent to Oklahoma by pipeline; 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. This light and sweet oil is ideal for refining diesel and gasoline and it is . easy to transport to far locations. Traded on the ICE EUROPE exchange.
MarketsTrades offers many additional benefits to new and established investors looking to trade oil. To help you succeed, MarketsTrades provides educational tools, around the clock customer service, and daily market analysis and charts are sent to you regularly.