The oil industry is a vital component of the global economy, providing the energy needed to power transportation, manufacturing, and a wide range of other industries. Oil is a finite resource, and its extraction, production, and consumption must be managed responsibly to ensure that it continues to meet the needs of future generations.
Production involves the pumping of oil from the well to the surface, where it is transported to a storage facility for further processing. We employ the latest technologies and techniques to safely and efficiently extract oil from the ground while minimizing our impact on the environment.
What is Oil Trading?
Oil trading involves buying and selling oil to profit from price changes. This can be done by purchasing the physical commodity or speculating on its price. Due to its finite nature, oil prices can fluctuate significantly based on supply and demand, making it a popular choice for traders.
You can trade oil in three main ways: through the oil spot price, oil futures, or oil options. With us, you can use spread bets or CFDs to take positions on these, without needing to own the actual oil.
