Oil and Commodities Trading
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Oil and Commodities Trading - A Quick Guide
Commodity trading in crude oil futures was a club for only the big guns. At 42 gallons per barrel, and a minimum contract size of 1,000 barrels, the prospect of delivering oil was only for the trading professionals. |
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In recent years however, several technological changes have occurred to alter the oil and commodities trading scene. New forms of oil trading mechanisms and services are evolving to allow the average investor to participate in this once exclusive club via online oil trading platforms and services.
Futures and options on the NYMEX, though still at the 1,000 barrel size require less than 5% investment, putting them within reach of all.
Trading crude oil futures these days is simple as the internet is used for individuals or experienced traders to execute oil trades in seconds.
See Also: Oil Trading Platforms
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