ETFS 2X Daily Long Wti Crude Oil DFT
8:00:00 AM - 4:20:00 PM
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A spread bet on US crude oil gives you access to the movements of US domestic oil prices, one of the most important commodity markets in the world. A US crude oil spread bet is closely related to the benchmark US oil contract - otherwise known as West Texas Intermediate crude oil. Live crude oil prices can be followed on the crude oil price chart, which tracks the progress of the oil market on a minute-by-minute basis. The prices of the oil contract, on which a spread bet is based, are affected by domestic US supplies. They also respond to data on US rig counts and major weather-based disruptions. On the demand side, heating in the winter and air conditioning in the summer tend to drive US crude prices up, as does the summer travel season.
Why trade Shares?
Pay no UK Capital Gains Tax or Stamp Duty when Spread Betting*
Use Spread Bets and CFDs to hedge your current investment portfolio
Trade on falling markets (going short) as well as rising markets
Trading opportunities over shorter time periods; minutes, days or weeks
Shares available from UK, Europe, US, Asia and Australia
Trade on desktop, close on mobile, our accounts work on multiple devices