Online Oil Trading
What is Brent crude oil?
Brent is a light, sweet crude blended from fields in the North Sea and it prices roughly two-thirds of the world’s internationally traded oil. Because it is waterborne and easily shipped, Brent responds quickly to global supply disruption and freight economics.
WTI and Brent crude oil trading
West Texas Intermediate is lighter and sweeter than Brent but landlocked at Cushing, Oklahoma, which makes it more sensitive to North American inventories and pipeline capacity. The Brent–WTI differential is itself a widely traded relationship.
Oil and energy CFDs
Our crude contracts are cash-settled CFDs on the front-month future. There is no physical delivery, and roll dates are published five business days ahead of expiry.
Key data releases
- API inventories — Tuesday 21:30 GMT
- EIA inventories — Wednesday 15:30 GMT
- Baker Hughes rig count — Friday 18:00 GMT
- OPEC+ ministerial meetings — monthly
- IEA Oil Market Report — mid-month
Energy contract specifications
| Instrument | Underlying | Contract size | Typical spread | Margin |
|---|---|---|---|---|
| UKOIL | Brent front-month | 1 000 bbl | 0.04 | 2.0% |
| USOIL | WTI front-month | 1 000 bbl | 0.03 | 2.0% |
| NGAS | Henry Hub gas | 10 000 MMBtu | 0.008 | 3.0% |
Energy contracts roll monthly; open positions are adjusted by the price differential so economic exposure is unchanged.
Trade Brent and WTI
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74–89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.