Crude Oil Futures
Indicative Crude Oil prices from Finspreads:
Click on the tabs to see the various commodities, forex and stock market index prices.
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Crude Oil Price Comparison |
A price comparison table looking at the 'spread size' and minimum stakes for crude oil futures.
| Brent Crude Oil Futures - Spread Size |
4 |
6 |
6 |
6 |
5 |
4 |
4 |
12 |
| Brent Crude Oil Futures - Min Stake |
£1 |
$2 |
£1 |
£0.5 |
£1 |
£1 |
£1 |
£1 |
| US Crude Oil Futures - Spread Size |
4 |
6 |
6 |
6 |
5 |
4 |
4 |
12 |
| US Crude Oil Futures - Min Stake |
£1 |
$2 |
£1 |
£0.5 |
£1 |
£1 |
£1 |
£1 |
Comparison Notes.
This table is not meant to be inclusive, crude oil futures may be available through other companies.
Crude Oil Futures Analysis and News
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| 17-May-13 |
[7:34am] After the close of Wall Street, WTI Crude Future (JUN 13) was up $0.7 to $94.98.
The contract was above its 20DMA (@ $93.3) and above its 50DMA (@ $93.46).
Update by 
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| 17-May-13 |
[6:23am] In commodities spread betting, crude oil bucked the recent trend by spending a day in the black.
It was a volatile session during which the market spent early trading at a loss before finishing strongly and closing at $95.13.
Update by Jonathan Sudaria, Market Dealer, 
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For more also see Daily Crude Oil Trading Analysis & News.
This content is for information purposes only and is not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.
Unless stated otherwise, the above time is based on when we receive the data (London time). All reasonable efforts have been made to present accurate information. The above is not meant to form an exhaustive guide. Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
Where to Trade Crude Oil Futures |
You can speculate on crude oil futures with the following spread trading firms:
Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Trading as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
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Where to Trade Crude Oil Futures for Free? |
Speculating on the futures markets always has its risks, but if you'd like to open a Demo Account where you can practice trading a range of futures markets, please see below.
Also, remember that, in the UK, spread trading is free of income tax, capital gains tax and stamp duty*.
If you are looking for a futures trading platform, keep in mind that you can take a view on crude oil futures without having to pay any commissions or brokers' fees through companies like:
Should you want a Test Account where you can get a better understanding of markets like crude oil futures, then you can always have a closer look at:
The above companies currently provide a free Demo Account which lets users try out strategies, apply a variety of trading orders and analyse charts.
Where to Find Live Crude Oil Futures Prices and Charts |
The live chart and prices below will offer users a good overview of the US crude oil market.
Please note that this is a US crude oil chart rather than a Brent crude oil chart.
You can use the search option below to access other commodities futures markets. However, at the moment, there isn't a live chart for Brent crude oil.
The Plus500 CFD chart that we use above typically follows the front-month US crude oil contract.
To review live spread trading prices and charts for US Crude, you will normally require a spread trading account.
A spread trading account is tax-free* and will also give you access to Brent crude oil (UK crude oil) contracts. Users should note that opening any such account is subject to status and suitability checks.
If you apply for an account, and it's approved then, when you log in, you will be able to study the real time trading prices/charts. These are normally provided as part of the service.
If you want to trade then you should note that both CFD trading and spread trading carry a high degree of risk to your capital and losses could exceed your initial deposit.
Advanced Oil Futures Charts |
Whilst the charts vary between firms, in order to help your crude oil analysis, most charts have handy features and tools such as:
- Technical indicators - Exponential Moving Average, Relative Strength Index etc.
- Drawing tools and options - Trendlines, Fibonacci Time Zones, Arcs and Fans
- A variety of intervals - 2 minute, 5 minute, 15 minutes, 1 hour, 4 hour, 1 day etc.
- Different displays - candlestick charts and line charts
The charts on Tradefair also include advanced features like:
- Automatic alerts for when a market hits a particular level
- Back Testing, Analysis and Optimisation functions
Example crude oil futures chart
The brokers listed below give their clients access to real time charts and prices:
How to Trade Crude Oil Futures |
As with most key financial markets, investors can trade commodities futures, like crude oil futures, to rise or fall.
If you go to a website like FinancialSpreads.com, you can see they have priced the 'Brent crude oil November Futures' market at $111.20 - $111.25. This means you can speculate on Brent crude oil:
 Settling higher than $111.25, or
 Settling lower than $111.20
On the settlement date for this 'November' market, 15-Oct-12.
With crude oil futures you trade in £x per $0.01. Therefore, if your stake was £3 per $0.01 and the crude oil market moves $0.30 then there would be a difference to your profits (or losses) of £90. £3 per $0.01 x $0.30 = £90.
Crude Oil Futures Trading Example |
Taking the above spread of $111.20 - $111.25, lets assume that:
- You've done your analysis of the crude oil market, and
- You think that Brent crude will settle higher than $111.25 by 15-Oct-12
If so, you could decide to buy the market at $111.25 for a stake of, let's say, £2 per $0.01.
With this trade you make a profit of £2 for every $0.01 that Brent crude oil pushes above $111.25. Nevertheless, it also means that you will lose £2 for every $0.01 that the market falls below $111.25.
Thinking of this in a slightly different way, with spread trading, if you 'Buy' then your profit/loss is found by taking the difference between the closing price of the market and the initial price you bought the market at. You then multiply that price difference by your stake.
So, if, on the expiry date, Brent closed at $111.81, then:
Profits (or losses) = (Closing Price - Initial Price) x stake
Profits (or losses) = ($111.81 - $111.25) x £2 per $0.01
Profits (or losses) = $0.56 x £2 per $0.01
Profits (or losses) = £112 profit
Speculating on futures is never easy. In this case, you wanted the oil price to rise. Nevertheless, the price could fall.
If Brent crude fell and settled at $110.61, you would end up making a loss on this trade.
Profits (or losses) = (Closing Price - Initial Price) x stake
Profits (or losses) = ($110.61 - $111.25) x £2 per $0.01
Profits (or losses) = -$0.64 x £2 per $0.01
Profits (or losses) = -£128 loss
Note: Brent crude oil November Futures market as of 27-Sep-12.
Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Trading as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
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Risk Warning: CFD trading and spread trading carry a high level of risk to your capital and you may lose more than your initial investment. CFD trading and spread trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Crude Oil Futures' by DB, updated 08-May-13
For related pages also see:
Commodities Futures, updated 08-May-13
Commodities futures trading guide with live commodities futures prices and charts. Plus, where to trade commodities futures, how to trade commodities futures, tax free* futures trading and...read article: Commodities Futures.
Gold Futures, updated 08-May-13
Gold futures trading guide with live gold futures prices and charts. Plus, where to trade gold futures, how to trade gold futures, tax free* futures trading and...read article: Gold Futures.
Crude Oil Futures, updated 08-May-13
Crude oil futures trading guide with live crude oil futures prices and charts. Plus, where to trade oil futures, how to trade crude oil futures, tax free* futures trading and...read article: Crude Oil Futures.
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