Oil – is not only one of the most important components of the world energy system and economy, but also is one of the most popular stock instruments. Volatility reaction of “black gold” quotes to world events makes oil trade rather profitable. It is known, that, for the moment, daily amount of Brent oil on London ExchangeInterContinental Exchange ICE is almost equivalent to the extent of base oil daily production. Oil WTI trade value on New York Mercantile Exchange (NYMEX) is 50 000 futures contracts a day. Furthermore, oil physical delivery under the contract concluded on the Exchange is just about 1% from the total trade value. Investment into such a demanded commodity – is commitment with minimum risks. Oil market is exceptionally stable; the situation may not change for a long time here.
World Forex offers spot trade by two types of popular oil grades: XBRUSD (Brent oil) and XTIUSD (WTI oil).