FXTM information and reviews
FXTM
93%
IronFX information and reviews
IronFX
92%
Libertex information and reviews
Libertex
91%
ETX Capital information and reviews
ETX Capital
90%
FxPro information and reviews
FxPro
89%
FIBO Group information and reviews
FIBO Group
88%
EUR/USD
1.2146
GBP/USD
1.4101
USD/JPY
109.375
USD/CHF
0.9017
USD/CAD
1.2108
EUR/JPY
132.8458

Trade Spot Energies with FxPro


2 February 2021

Here at FxPro, we offer our clients trading on spot energies, such as Brent, WTI and Natural Gas, which are considered to be the most important raw material resources on the planet. Review the assets above and discover the possibility of new trading opportunities in the financial market.

CFDs on energies is a popular choice for short-term trading, especially when there is a surge in energy consumption, as during periods of active growth, demand increases. Prices are determined by global supply and demand for the physical product.

Often referred to as “black gold”, Oil is usually denominated in U.S. Dollars (hence the term ‘Petrodollar’), so a weak dollar will commonly cause Oil prices to rise, as the price of the product is directly influenced by the value of the currency.

Oil-producing nations have a dramatic effect on the supply, and therefore the price, as they may withdraw or boost the physical quantity of barrels available in the market.

For example, since the mid-90s, the US imposed sanctions on Iran have prevented Iranian oil from entering the marketplace, widening the gap between supply and demand which results in higher prices. Another noteworthy event occurred in 2014 when a much lower demand from the EU and China caused a sharp decrease due to the excess supply. For many years, the US government has been building up its oil reserves and should these be released to the market, or used domestically, energy prices may drop sharply as a result.

In the case of NatGas, an alternative energy commodity to oil, historical analysis shows a general correlation between the two, considering that natural gas is often released during the oil drilling process, and they are commonly produced by the same companies or nations.

In conclusion, a multitude of economic factors can affect the price of energies, including inflation rates, political or military tensions in producing nations, natural disasters, production costs and of course, OPEC decisions.

Trading CFDs on energies allows you to speculate on price movement, without having to physically acquire the underlying asset. As prices fluctuate, traders make profit or loss depending on their position and direction in the market. Learn more by visiting our Educational Section, and feel free to practice trading on spot energies on our free demo account before going live.

Select an asset above to see real-time charts of spot energies, and start trading with FxPro today, for the ability to buy or sell energy CFDs (Contract for Difference) through our award-winning trading platforms.

Trade spot energies with FxPro!

#source

Related

Guru Capital Reaches Agreement to Acquire Oval

Guru Capital is pleased to announce an agreement has been reached today for the acquisition of substantially all the assets of UK based Fintech company Oval Money Ltd...

17 May 2021

Spread Betting with FXCM

Financial spread betting is a premier way for residents of the U.K. to engage the capital markets. Spread bettors enjoy tax-free proceeds and the opportunity...

17 May 2021

Cryptocurrency Trading with ForexTB

Cryptocurrencies are web-based digital currencies that use cryptography to secure the financial transactions. A feature of cryptocurrencies, is that they are generally...

17 May 2021

Is the Recovery Finding Resistance?

One of the key market drivers for the US economy and the US Dollar is the monthly employment figures. These figures include the Non-Farm Payroll, the Unemployment Rate...

17 May 2021

Decrypting crypto with Libertex

Cryptocurrencies have been around for well over a decade now, but it's safe to say they've only really been in the public eye since the first big crypto bubble of 2017-18....

14 May 2021

FxPro Trading Platform: Elevate your trading experience

As a global leader in CFD trading, here at FxPro we are always looking to expand our product offering, and provide the most convenient, yet feature-rich trading platforms...

13 May 2021


Editors' Picks

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.