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Energy futures <<

Crude oil - the raw natural product is extracted directly from the ground. It is also called "Petroleum." It was formed in the bowels of the earth during the decomposition of ancient plants and animals that lived millions of years ago. Crude oil is different color (from transparent to dark black) and texture (from watery to nearly solid).

Classification of grades of oil is based on the density and specific gravity - the "heavy" and "light" as well as the sulfur content - let's say, "sour" and "sweet." The world's major oil standard three - U.S. West Texas Intermediate (WTI), the British Brent Blend, Dubai Blend from the UAE. You can also mention the well-known brand of Russian Urals. Mark WTI is the most popular due to the fact that it relates to light and "sweet", ie low-sulfur grades, and from it the most profitable to produce gasoline and diesel with lower sulfur content.

Crude Oil - one of the most topical and interesting investment products in the world, so for a variety of derivatives it is constantly going active trading. Most large number of transactions takes place on exchanges NYMEX (recently became a part of CME GROUP), and ICE. They not only traded futures and options, swaps, calendar spreads and vnutribirzhevye.

Futures on the NYMEX crude oil from the stock exchange is quoted in dollars and cents, the price corresponds to the cost of a barrel of oil produced in the regions of the U.S. east coast. The contract is 1,000 barrels, which means that when the oil price by $ 1 due to change in the investor's $ 1000 in one direction or another.

Specification for oil futures

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