ETFS 2X Daily Long Wti Crude Oil DFT ETFS 2X Daily Long Wti Crude Oil DFT

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.