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Crude Oil Market

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CRUDE OIL

Crude oil is the "unprocessed" oil that comes out of the ground. It is also known as petroleum. Crude oil is a fossil fuel, meaning that it was made naturally from decaying plants and animals living in ancient seas millions of years ago. Crude oils vary in color, from clear to tar-black, and in viscosity, from watery to almost solid.

Crude oil is classified into various grades according to density (heavy vs light) and sulphur content (sour vs sweet). There are three primary benchmarks of crude: West Texas Intermediate, Brent Blend, and Dubai. West Texas Intermediate is used primarily in the U.S. It is light and sweet thus making it ideal for producing products like low-sulfur gasoline and low-sulfur diesel.

 

 

 

 

 

 

 

 

 

 

Whether you are a speculator or a hedger this section on the crude oil market contains a wealth of valuable information. You can read about the history of the crude oil market, the fundamentals that make it move, and the futures and options specifications. You can also view quotes, charts, current margin requirements, and news that is affecting the crude oil market. However, if you are new to the commodities markets you should consult with a licensed broker before starting to trade.

Click here to contact a commodities broker with experience in the crude oil market.

Commodity trading is not suitable for everyone. Substantial risk is involved. Many hyperlinks on our site are linked to webpages not published by FGI Trading Group, Inc. FGI Trading Group, Inc. is not responsible for the adequacy or accuracy of the information on those sites. Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

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