Oil have been a scare resource for decades, and eventuelly, all oil will dissapear. While demand increase from emerging markets such as China and India, supply will be limited.
You can trade oil on spot basis in very favourable terms. There are two common types that oil trades focus upon;
- Crude Oil or petroleum is taken up in liquid form. It’s long been the most traded oil product. Learn more about crude oil.
- Brent Oil or brent sweet light crude is sourced from the North Sea, primary Norway. It’s lighter then crude oil and is being traded on ICE and NYMEX. Learn more about brent oil.
Want to learn more about how to trade oil? Read our free guide to oil trading now!