We provide different types of spot oil, including spot Brent oil and spot WTI
A myriad of factors impacts oil prices daily. These include speculators who bid on oil futures contracts. These contracts are agreements that give traders the right to buy oil at a set price. Buyers and sellers determine delivery dates in the future, at a pre-set price.
At GMI Edge, you can enjoy many advantages when you trade crude oil CFDs. Fundmentally, you get to trade the price movements of the underlying asset, without taking ownership of that asset. You have greater flexibility to trade the financial markets whether you’re buying or selling the underlying instrument.