How oil trading in the forex market

How oil trading in the forex market

The oil trade, like other types of currency trading in regards to how to buy and sell, because prices are shown per barrel against the US dollar, which gives the possibility of trading directly through currency trading platform which symbolizes oil symbol (OIL), where it is like all other types of prices, oil prices fluctuate according to supply and demand base and that are largely coupled with the US dollar's movement mother who would facilitate the trading process in this genre, by virtue of opening ability, modify and even close deals on the same lines being followed when trading currencies, but it can be found some constraints, which is the period of the end of the oil contract, where oil is traded through the decades have a certain length to finish, as well as a specific period in order to start a new process of trading, in addition to the need to choose the right broker to process tradingWhich would help you in your trading by providing a trading environment that fit rolling environment that will help you achieve success.

Factors that affect the trading price of the black gold

Frankly speaking, we find that there are many factors that influence the oil trading price, and perhaps the most prominent and most supply base effect and demand, as well as news of global economic indicators, which can not be overlooked for the role, but there are large fluctuations in the price of oil as characterized these prices Balhassash than It makes them highly volatile and even before you start trading oil.

Crude oil trading

The Brent crude oil is trading crude oil classification, which is a diverse mix of extracted from the North Sea crude oil, as this is the user in determining the basic world price of oil standard, which compose almost about two-thirds of the global crude oil market, It should be noted that the pricing of most of the oil production coming from Europe, Africa and the Middle East, as well as up and coming from the west flows linked to the price of Brent crude, knowing that the core countries in Europe, imports in the current oil production from Russia time.

Since the year 2005 was crude oil is traded in the international exchange of electronic, as per the contract equivalent to the stock of 100 barrels of oil, which is priced in US dollars, but in the world of Forex it is crude oil traded in the form of contracts for differences, and that through the use of the same quantities on the "drums" which are priced are the other US dollar as currency basis (per croaker = 100 barrels), and by virtue of the global demand seen crude oil as a highly sensitive and volatile commodity, where they can rise paced dramatic kind of reaction due to circumstances economic and political as well as important and influential, and the biggest example of this is the recent civil wars that you know a group of countries which caused the decline in crude oil prices sharply from the level of US $ 90 to US $ 73 level almost in a very short period of time.Everyone is aware of the importance of providing ideal trading of crude oil and the conditions of the process, especially for the independent dealer, which pays some of the best companies Forex to provide services to its customers in order to provide the appropriate conditions such as crude oil British pound traded, in addition to the traditional dollar-pricing the US and not only that, but there are also by virtue of the importance acquired by oil trading for all investors who work in the market hard, and the desire to provide the best possible market conditions for the dealer, we find that the brokerage firms offer to their customers the possibility of a quick implementation with the least amount available of price differences, as well as the possibility of trading crude oil through multiple trading platforms, in addition to providing a balanced leverage characterized by exposure to low risk may reach (1% of the transaction value), without omission on a daily fundamental and technical of crude oil analysis and as well as flexibility in the fixed price differentials in crude oil trading using electronic communications network technology other tools and privileges that will plug into circulation