Spread Bet on Brent Crude Oil
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Simple answers to common Crude Oil Spread Betting questions:
Q) Where can I Spread Bet on Crude Oil?
Q) Where can I Trade Crude Oil for Free?
Q) How to Spread Bet on Crude Oil?
Q) Where can I find Free Real-Time Crude Oil Prices?
Q) Where can I find Free Crude Oil Charts?
Q) Where can I find free Crude Oil Trading News?
Q) Where can I find Narrow Crude Oil Spreads?
Q) Where can I find a Free Crude Oil Trading Platform / Software?
Trading Brent Crude Oil
Currently Brent Crude Oil (Sept) has a spread of $72.81 - $72.86 per barrel with FinancialSpreads.com.
As with many financial markets, investors can financial spread bet on commodities. ie, spreadbettors can trade on commodities prices going up or going down. Eg spread betting on value of Brent Crude Oil to rise in price to more than $72.86 a barrel by 16 Aug. That's the settlement date for Brent Crude Oil (Sept).
Note that for the Brent Crude Oil market, you trade in £X per point, where a point is 0.01 of Crude Oil movement. As an example, if your stake was $20 per point and the Brent Crude Oil moves 0.04 then that would be an $80 difference to your bottom line.
So looking at it more closely, let's say you see the live price on FinancialSpreads.com and it shows the above spread of $72.81 - $72.86. And let's say you have done your market analysis and think that the Brent Crude Oil (Sept) value will rise to more than $72.86.
Therefore you buy at $72.86 for a stake of $10 per point.
If by the settlement date of 16 Aug the Brent Crude Oil market settles at $72.98 then you have made a profit.
Your profits is calculated by taking the difference between the level the trade closed at, ie $72.98 and the price you bought at, ie $72.86.
Profit/Loss = (($72.98 - $72.86) / 0.01) x $10 per point stake.
= (0.12 / 0.01) x $10 per point stake.
= $120 profit.
Nevertheless if the market didn't move as predicted and had Brent Crude Oil finished at a lower value of $72.80, you would have lost.
Loss = (($72.80 - $72.86) / 0.01) x $10 per point stake.
= (-0.06 / 0.01) x $10 per point stake.
= -$60 loss.
Example spreads taken Sep-07.
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Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It 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.
'Spread Bet on Brent Crude Oil' by DB, updated 11-Dec-08
For related pages also see:
Crude Oil Spread Betting, updated 21-Nov-08
As with many financial markets you can spread bet on the future value of the Crude Oil markets, ie spread bet on the future value of Brent Crude Oil going up or going down...read article: Crude Oil Spread Betting.
Spread Trading Crude Oil - 6 Week Look at Supply and Demand, updated 01-Jul-08
There have been many column inches written about the current Crude Oil Bull market. However even during this Bull run there have been many ups and downs. Especially during the last 4 to 6 weeks.
So we thought we would have a look at recent events that have actually made a difference to the prices at Financial Spreads
...read article: Spread Trading Crude Oil - 6 Week Look at Supply and Demand.
Updated Financial Spread Betting Blog - Brent Crude Oil Trading, updated 16-Aug-07
The Brent Crude Oil price had been dropping since it the price reached a high of $78.12 dollars per barrel on 1 August. Then since 8 August the price has been fairly steady. Today it hit a high of $71.90 and a low of $69.03 before closing at $69.73. Falling financial markets will...read article: Updated Financial Spread Betting Blog - Brent Crude Oil Trading.
Spread Bet on Brent Crude Oil, updated 11-Dec-08
Q) Where can I Spread Bet on Crude Oil? Q) How to Spread Bet on Crude Oil? Q) Where can I find free Crude Oil Trading News?...The Answers...read article: Spread Bet on Brent Crude Oil.
Financial Spread Betting on Gold, updated 07-Dec-08
Spread betting on Gold - the latest market information on Gold. Plus where to find the best prices, free chats and...read article: Financial Spread Betting on Gold.
Financial Spread Bet on Commodities, updated 07-Dec-08
Spread Bet on Commodities - spread bet on commodities such as Brent Crude Oil and Metals such Gold, Copper and Lead...read article: Financial Spread Bet on Commodities.
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