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RISK WARNING:

Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

WTI Crude Oil (1000 barrels) CFD, USD •USOil•

About

USOil

Oil is a fossil fuel composed of dead plants and animals that are buried underground for many years and exposed to extreme heat and pressure. It is one of the world's most valuable natural resource and is measured in USD. The fluctuation of crude oil prices affects the global economy, and also affects our daily lives as prices of commodities are dependent on oil prices. Oil traders select the most widely used types of oil to determine the price per barrel. This benchmark is considered a reference price for buyers and sellers of crude oil. The US oil uses an industry benchmark called the West Texas Intermediate (WTI) which is a blend of several U.S. domestic streams of light sweet crude oils that are easy to break down in the refining process. The supply and demand of oil in the world market, its quality, ease of refining and investment in oil futures are factors that determine the US oil prices. All in all, the oil market is quite complex, and it is important for investors to keep track of the current prices and understand which factors affect the oil prices.

Trade Forex, Commodities, Precious Metals, Energies and Equity Indices from 1 Account.

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