• 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.…

  • oil trading
    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…