FXTRADING.com offers both crude oil and natural gas to meet the demands of clients engaged in energy trading. The most popular traded grades of crude oils are Brent North Sea Crude (commonly known as Brent Crude) and West Texas Intermediate (Commonly known as WTI), combined with natural gas have become the most prevalent energy CFDs in trading.
Trade energies with leverage. WTI and Brent and Crude Oil CFDs are available on our leading trading platform.
|wdt_ID||Symbol||Lowest Spreads||Avg. Spreads||Long Swap||Short Swap||Margin Currency||Contract Size||Max. Leverage|
|wdt_ID||Symbol||Description||Server Time||Weekdays||Monday Open||Friday Close|
|1||BRENT||Brent Crude Oil||GMT +3||03:05-24:00||3:05||24:00:00|
|2||GASOIL||Low Sulphur Gasoil||GMT +3||00:00-01:00; 04:00-24:00||2:00||24:00:00|
|3||WTI||West Texas Intermediate Crude Oil||GMT +3||01:00-24:00||1:00||24:00:00|
Three energy CFDs currently on offer - Western Texas Intermediate (WTI), Brent Crude (BRENT) and Low Sulphur Gasoil (GASOIL).
WTI (Western Texas Intermediate) is usually sourced from US oil fields and is the main pricing model for US producers. Brent is usually sourced from the North Sea and used by around 2/3rd of the world as a benchmark for oil prices.
Also known as red diesel, low sulphur gasoil is widely used in off-road vehicles, tractors and horticulture machinery.
Both WTI and Brent are priced in US dollars, despite their geographical differences. Brent is mainly sourced from the North Sea and WTI is pumped from North American oil fields.
As oil is used for energy, it is a major input to the global economy. Any threat to supply or demand levels, whether due to wars, production cuts or weather etc, can directly impact oil prices.