US Crude
 

What is US Crude? (WTI Crude Oil)

Commodity trading, both historically and in modern times, has created significant amount of profits for traders and investors. The benefits of trading commodities are so numerous that the top commodities to trade are profitable enough to become the focus of many traders’ long time career.

 

Quick tips for trading commodities are not enough for long-term profitable trading. In order to profit from commodity trading, an investor must store in their minds some information on the commodity they are trading. PCM International offers a brief history of U.S Crude Oil trading as well as the information and facts that are necessary to know before stepping into the world of unlimited success; commodity trading.

 

Crude Oil naturally occurs as a liquid fossil fuel resulting from plants and animals that have been exposed to extreme pressure and heat underground. Having its prices increase significantly in the recent years, U.S Crude Oil is considered one of the most demanding commodities to trade. Value of U.S Crude oil is dependent on global economic conditions as well as market speculation.

 

There are numerous benefits of trading U.S Crude Oil that ensure consistent returns for both short wing trades and long-term timing strategies. One of the advantages of trading U.S Crude Oil is the sharp rise in the volatility of the energy sector, which allows for higher and more consistent profits. In addition, commodities with high liquidity, like crude oil, give traders more opportunities to take advantage of daily fluctuations. Moreover the correlation of certain currencies, commodities and indices to crude oil provides traders useful insight, assisting them with their trades.

 

Traders can seek profit from the fluctuations that are provided by the news based on the economic events that will affect platinum prices. With PCM International, traders are able to benefit from professional trading platforms that enable them to use advanced CFD trading strategies. PCM International also offers access to accurate real-time U.S Crude Oil forecasts, charts and updated news on world economic events. In addition, trading U.S Crude Oil (WTI) through PCM International allows you to leverage your exposure to market movements for maximum profit.

 

A key factor of trading CFD’s successfully is being educated about potentially profitable trading opportunities and knowing it’s in-depth specifications and benefits. The table below is provided for further details about the commodity.

 

Trading Time

US Crude can be traded on our platform on the following times

12:00 am to 11:00 pm (Central European Time) Monday to Friday.

10:00 pm to 09:00 pm (GMT) Sunday to Friday.

Contract Specifications for US Crude

Class

Symbol

Description

Commodity)

Crude

US Crude Oil quoted in U.S. Dollars

Standard Tradable Quantity (also called a LOT)

1000 barrels (1 standard lot)

Minimum Tradable Quantity (the fraction of lot available to trade)

10 barrels (1 oil barrel = 159 liters approximately)

Base Currency (Currency used for margin, P&L and other calculations)

United States Dollars

Tick Size (The least incremental change in the price of the index)

0.01 (example price: $102.54 changes to $102.55 at least)

 

CFD Category: 
Oil