• Trading

    Trading Natural Gas, Oil and Gasoline

      Energy commodities can be traded. You can trade gasoline, natural gas and even heating oil commodities. Energy is a broad term which can mean any commodity that is used as power. You’ll be able to trade in the same oil that powers your home’s heating, gasoline for automobiles and any other form of energy. Supply, Demand and Seasonal Factors Supply and demand are the key drivers behind energy commodities. “Supply and demand is crucial for determining the oil price – particularly as the yield from certain major oil fields declines,” states Royal Capital. Distillate energy, or heating oil and gasoline, are reliant on each other’s pricing; the more that…

  • Trading

    What Contract means

    Object of the contract identified in a technical/quality document Term of the contract: Calendar date – Completion work Assignment: Contract – Credit arising out of the contract Termination: Infringements of the contractual terms – liquidation – reconstruction – bankruptcy Terms of delivery: • Incoterms • Transfer of responsibility • Title and risk of loss • Taxes and duties Authorization/license: Several types Prices: Firm and fixed – Escalation clause Insurance: Product liability – Personnel – Credit Confidentiality: Attachment “not disclosure agreement”. Contract Check List: ◊ GENERAL STATEMENT ◊ DEFINITIONS ◊ CONTRACT CHECK LIST ◊ PREVALENCE OF THE APPLICABLE DOCUMENTS ◊ CONTRACTING PARTIES AND SIGNATURE POWER ◊ OBJECT/SCOPE OF THE CONTRACT ◊ TERM OF THE CONTRACT ◊ ASSIGNMENT…

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    Trading

    Oil Market Prices

          This article tries to explain how the oil market works in a simple and brief manner. However the reader should be aware that the oil market is quite complex, no one statement can cover all the cases and instances of oil trading. With crude oil and gasoline prices rising to record levels in 2008 and the potential for new records to be set in the future, it is reasonable to assume that questions arise as to how crude and product prices are ultimately established. Crude Oil Market Worldwide crude oil production is approximately 85 million barrels per day with just over 30 million barrels per day produced by OPEC member countries. Crude oil production…

  • Oil Contract
    Trading

    Crude Oil Contracts

      Major traded oils More than 170 different oils are traded on the market, but this section will discuss the three major oils that usually attract the most attention, both in the news and in the markets around the world. West Texas Intermediate (WTI) is a crude oil of extremely high quality and because of this property, it is possible to extract more gasoline from a single barrel compared with most other crude oils traded on the market. The WTI has an API 10 gravity of 39.6 degrees, which gives the oil the characteristic of “light”; moreover the concentration of 0.24 percent of sulfur makes it a “sweet” crude oil.…

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    Trading

    Crude Oil Trading

    Oil market overview This article gives an overview of the oil market and its dynamics. Furthermore, analyzes the types of oils, their characteristics and the factors that can influence the supply and demand and thus the price of the oil in the market. The world crude oil market: The oil industry is a global enterprise that employs millions of workers around the world and generates hundreds of millions of dollars. The oil sector, thus, is considered to be the largest in the world in terms of dollar value. In regions which house the major National Oil Companies, these corporations contribute significantly to the national GDP. The main products of the oil…