Oil trade

Oil trade

It considers electronic oil trade routes profit excellence, where individuals can now conclude trade deals after this was it limited to big companies and economic entities giant, prompting many to go into this matter and in particular that it is easy to analyze and predict the price levels, as well as profit bumper.

Crude oil is divided into more than a hundred species are Tsaiarham building over the purity and density and the percentage of impurities contained, generally, the Brent crude oil is the one who is often used as a benchmark for the pricing of global oil production, and consists of Brent crude from an oil blend of 15 field petroleum different, which are found in the area North Sea, and is considered Brent crude oil is more expensive types after WTI, which is extracted from the state of Texas, located in the United States of America.

Crude and West Texas is the type of light, which is more species in terms of purity, so it is sold at an average price higher than the OPEC basket of crude oil by about two dollars, and higher than Brent crude at around one dollar only to change.

It consists of OPEC basket of seven crudes are a mixture of light crudes and heavy again, the OPEC production of six ores of them, include: oil Arab Saudi Light, Dubai Fateh Emirati crude Desert Algerian, Bonny Light, Algerian, ore Minas Indonesian, raw Teachwana Venezuelan light, the crude seventh Atnottagh for OPEC crude is Aosmas Mexican.

In conclusion .. we should point out that the oil trade experts and specialists considered one of the easiest ways to e-commerce, as predictable price patterns with ease through the newspapers or news, or even the Internet, as well as recommendations on the amount paid for Mali cheap does not exceed a few dollars

Oil is traded in the forex market

Oil is one of the most raw material liquidity and influence in the world economy and especially on currency trading as the price of oil has been and remains the most key indicators that will express the state of the situation of the world economy for many years, because this article is the basis and backbone of the industry, by virtue of the countries that are available on the oil resources benefit from high oil prices, it is also affected by Bankhvadh, while the countries that rely on to cover their needs Astorad oil, it certainly will suffer inevitably will know of any rise in oil prices.

Since the recent years Arfa Iqbal traders on oil trading in the forex market for something that made him classified as a successful trading, by virtue of Petroleum and Energy considered the biggest business in the world, which affected the turnout, where became a trading continues to increase by virtue Ranked among the tangible trading goods box in exchange market, which prompted us to address this in our article to the subject of oil trading in the forex market in order to speak on two important points, namely how to oil trading in the forex market and the factors that affect it