Oil futures contracts by month
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Crude oil futures chart!
Introduction to Trading in Oil Futures
It’s hard to understate how important petroleum is to even the least advanced of modern economies. No substance offers more energy per unit of extraction cost.
Crude oil futures trading hours
Abundant and proven, oil will most likely remain the most popular energy source on Earth for some time into the future.
With the International Energy Agency projecting 2020 total consumption at 91.9 million barrels a day, oil trades in a sophisticated market with many tools and vehicles for investing or speculating in oil.
One way to speculate on oil prices is through trading in oil futures.
Key Takeaways
- Abundant and proven, oil will most likely remain the most popular energy source on Earth for some time into the future; one way to speculate on oil prices is through trading in oil futures.
- The added frequency and regularity of oil contracts make it easier for investors to determine trends, or expected trends, in the eventual price of oil.
- There are infinite variables that determine the eventual price of oil, but our brains are capable of weighing only the most
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