Every day, millions of gallons of crude oil are sold and purchased on the open market. Most of this oil will be refined into more usable fuels, such as gasoline, kerosene and jet fuel, which is burned to power engines and to produce light and heat. This oil can be purchased in a num...
Oil EFTs (exchange-traded funds) Energy companies Here we’ll have a closer look at these three options and how they work when it comes to investing in crude oil. Crude Oil Futures A futures contract allows you to agree to buy or sell a specified amount of crude oil at some time in t...
Oil options are another way to buy oil. Options are contracts which give the buyer or seller the option to trade the oil on a future date. Options often have cash settlement, meaning that on the exercise date of the option, the buyer and seller just pay each other off based on the cur...
How to Find Crude Oil Buyers and Sellers in Nigeria Soil Requirement Watermelon thrives best in a well-drained and not in water-logged soil with good air and water infiltration rates. Soil should be of 6 -7 PH. Liming can be done in case of low soil PH. It must also be noted that...
Crude Oil Futures Traders work on the crude oil options pit at the New York Mercantile Exchange on March 11, 2009. AP Photo/Mary Altaffer Similar to the stock market, which involves trading investments in various companies, people also trade in commodities at financial markets. They purchas...
Find out how to trade oil. This page details how you can trade crude oil, along with its current price and historical data.
Select the futures market: On the trade page, choose the futures market in which the contract you want to buy is traded. For example, if you want to buy a crude oil futures contract, select the commodities futures market. Choose the specific contract: Identify and select the specific futures...
Decide on your trading strategy. Are you planning to hold a long-term position or make short-term trades based on technical analysis? Set your risk tolerance and profit targets accordingly. 4. Place Your Order Using your trading platform, place an order to buy crude oil contracts. You can ...
If you want to know how to trade options, it's a good idea to learn how they work. Options are financial contracts where the buyer has the right (not the obligation) to buy or sell the underlying asset at a predetermined price by the expiry date. With crude oil options, the underlying...
Oil Futures, Options and Spot Markets You could buy crude outright in the spot market, if you had deep pockets and sufficient storage facilities to accommodate a shipment of 600,000 barrels from a tanker or even 25,000 barrels a month via pipeline.2 For most, crude oil futures or opti...