We provide an edge which could not be found anywhere else to aspiring traders and investors with in-depth oil market analysis. Many investors desire to make profit at the market floor but could not realize this, due to lack of proper knowledge of how the market operates some due to lack of training. Vitol traders are your best solution. Try us today and see the reason why thousands of investors subscribe to our services. Open a live account today, Fund your account and start trading with us. Today, oil is the world’s most traded raw material. Oil deals are performed almost on all trading floors. Operations with CFDs on oil and its products are executed on all commodity exchanges, including the largest ones in New York, London, and Singapore.
Oil price depends on a lot of geopolitical factors and reflects market participants’ sentiment. Countries, big companies, and traders can all be considered the players in the oil market. For example: airline companies trade oil to hedge their risks for fuel price growth, whereas traders perform deals in order to make money from market fluctuations. Oil prices are conditioned by the same factors as the exchange rates of currencies, i.e. political developments, financial events, and even weather.
Our traders or investors can benefit from the fluctuations in the price of stocks, commodities, indices and more, without actually owning the underlying asset through CFD trading contract. Contract for Differences (CFDs) is a contract between a trader and a broker to exchange the differences between opening price and closing price of an instrument. CFDs are the most popular way to trade due to their leverage, flexibility to short sell and cost effectiveness. As a trader or investor, you can also use CFDs as a way of hedging your existing portfolio through periods of short-term and long-term volatility.
Apart from CFDs, market participants also trade other futures and forex. We offer different trading contracts: Brent Crude (light low-sulfur crude oil extracted from the North Sea); WTI (lighter low-sulfur crude oil extracted in West Texas). For your information, the #OIL symbol stands for Brent futures contract. The WTI symbol stands for Light Crude futures contract. Moreover, it is possible to trade mini contracts of a standard futures under the ticker symbol of any of these instruments. Follow the latest World Economy news and always keep yourself up-to-date with market developments.
Copyright © 2020 Vitol Trade. All Rights Reserved.