What are oil futures?

They’re traded on exchanges and reflect the demand for different types of oil. Oil futures are a common method of buying and selling oil, and they enable you to trade rising and falling prices. Futures are used by companies to lock in an advantageous price for oil and hedge against adverse price movements.

What is oil trading?

Most oil trading is done in the form of oil CFDs, including cash and futures, which means you are not buying the underlying asset (for example, a physical barrel of oil) but simply speculating on whether the price of oil in the open market is going to rise or fall. How does oil trading work?

Do oil futures affect gas prices?

The quick answer to whether oil futures affect gas prices is, “yyes.” Yet, things get a lot more interesting than the superficial affirmative. Here are a few factors to consider. People who ask this question often blend curiosity with economics. They often have a desire to be able to control the impact that gas prices have on their lives.

What oil markets can I trade?

You can trade a variety of oil markets with including popular crude oils WTI and Brent Crude, as well as no lead gasoline and heating oil. The best way to identify an opportunity is to keep an eye on breaking news and key price levels, using our range of tools and resources: