What is crude oil trading?

Crude oil, also known as petroleum, is also known as black gold. It is customary to refer to unprocessed oil extracted from oil wells as crude oil, mainly dark brown or dark green viscous liquid or half composed of various hydrocarbons. A solid, flammable substance, slightly lighter than water, is a very complex mixture.

Crude oil investment refers to the use of fluctuations in crude oil prices in the international market to buy and sell to earn the difference, and is an internationally important investment project like stock gold.

Why invest in crude oil?

Crude oil investment is a hot investment in the international market in recent years, which is inseparable from its own advantages:

Industrial blood: Crude oil has superior physical and chemical properties. In addition to its energy properties, its industrial properties are widely used in allergic economies and various fields. It is an important material basis for promoting allergic economy and industrial modernization. Modernization is inseparable from oil, just as the human body cannot do without blood. Known as “the blood of industry.”

Strategic position: After the Second World War, the United States’ control of crude oil promoted the consolidation of the United States’ position in the world political and economic structure and was an important booster for the United States to establish a world hegemonic road. Now with the rapid development of industry, the world is facing the dual pressures of economic development and energy shortage. Energy shortage has become a worldwide problem. Crude oil is no longer a commodity in the general sense. It plays a decisive role in the global political structure, economic status and military situation.

Large trading volume: At present, the world’s major oil trading markets include: North West Europe, the Mediterranean, the Caribbean, Singapore, the United States and other five markets. Due to the global economic development and increasing energy demand, crude oil has long been considered as a commodity. Wang is recognized as the most traded commodity in the world.

Looking back at history, several major fluctuations in crude oil prices have been very large, and they have created a my-time profit myth, which is highly sought after by investors.

It is precisely because of the above factors that crude oil investment has become a hot investment in the international market in recent years.

Crude Oil Futures Contract Trading Rules

*The target bid-ask spread may change depending on market conditions, and Best Wing Global Markets Ltd Focus reserves the right to change the target bid-ask spread or margin ratio according to market conditions.

**Best Wing Global Markets Ltd Fox reserves the right to adjust the position according to market conditions.

Remarks: The above rules are subject to change without prior notice.

* Risk Warning: The company's services include products that are traded on margin. The potential loss may exceed the risk of depositing funds and may not be suitable for all investors. Please ensure that you fully understand the risks involved.