ForexPrince

Energies

The most typical feature of energy prices is high volatility, which is the result of numerous political and environmental factors that influence it. Many supply and demand factors will also affect energy prices, the strongest which is global economic growth. In times of economic prosperity the demand for energies increases, while a decrease in consumption occurs when economy stagnates.

Beside economic changes, extreme weather conditions can also have a great impact on energies, leading to supply disruptions of crude oil, natural gas, or heating oil. As a result, such conditions can decrease or increase demand for many consumer services related to these energies. Moreover, global energy prices are highly affected by the political instability in some of the world’s biggest natural gas fields.

Oil is a globalized, 24-hour market, with its prices in constant motion. This makes it an ideal instrument for day traders who look for fast movements and choose CFD's as the easiest way to trade on oil prices.

Symbol Description Minimum Price
Fluctuation
Value of MinimumPrice
Fluctuation
Value of 1 lot Min/Max
Trade Size
Margin Per Lot Limit and Stop
Levels*
GSOIL London Gas Oil 0.01000 USD 0.04 USD 1 * 4 Tonnes 1/250 USD 80 2
NGAS Natural Gas 0.00100 USD 1 USD 1 * 1000 MMBtu 1/100 USD 200 0.07
OIL WTI Oil 0.01000 USD 1 USD 1 * 100 Barrels 1/100 USD 75 0.1
OILMn WTI Oil Mini 0.01000 USD 0.01 USD 1 * 10 Barrels 1/1000 USD 7.5 0.1