Questions tagged [crude-oil]

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85 views

Negative Sell Trades — what do I need to do now?

I'm new to trading. I'm trading crude oil CFDs. I'm holding a short position of 400 barrels of crude oil at $37.50, but the price of crude oil is now $41.50. During the move from $37.50 to $41.50, my ...
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2answers
149 views

Who creates oil futures?

Who creates futures such as CL.AUG20 (August WTI Crude Oil contract) sold on NYMEX which can be bought via eToro? I understand that when a company wants to go public, they sell these stocks on an ...
3
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1answer
135 views

What exactly is the spot market?

I understand for commodities such as crude oil, there is NYMEX exchange where futures contract are listed and traded. Where exactly do I find the spot market? How does it work? Where is the price ...
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0answers
47 views

What is the difference between crude oil futures and CFDs?

In April 2020 WTI crude oil futures price gone negative. I trade crude oil CFDs using eToro and IqOption. On these platforms oil prices were different. On eToro the lowest price was around 7.3 while ...
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2answers
45 views

the impact of drop in oil prices financial markets performance and prospects? [closed]

Supporting that there is a correlation between oil prices and stock market. What could be the implications of low oil prices on the financial markets performance and prospects?
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1answer
38 views

the impact of drop in oil prices on oil producing companies? [closed]

Oil exporting countries will have a negative impact with the decrease in oil prices while oil importing countries will benefit from it. What about oil producing companies?
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2answers
91 views

Do governments publicly predict when global oil demand = oil supply?

My grandparents fancy buying an ETF of oil companies like FENY in the future. So they`re seeking reasonably evidenced predictions like Rystad Energy's: Do governments predict like this too? If so, ...
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2answers
159 views

Why not invest in USO long-term?

I've read on the Internet that many people traded USO when WTI futures contracts expiring on 4/21 dropped to -$37.63/barrel. But many posts on Reddit discourage buying USO, like on r/stocks and r/...
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2answers
146 views

What is the real cost for storing a barrel of crude oil at present?

The recent negative price of WTI crude oil futures contract indicates the receipt/storage of a barrel of crude oil can cost more than $37, which is unbelievable. Does anybody know the real cost at ...
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1answer
61 views

If I buy a crude oil futures contract at CME, must I sell the contract before the last trading day?

Does CME have different contracts for different traders, i.e., some traders must close their positions before the last trading day of their futures contracts while others can hold their position to ...
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2answers
94 views

Crude Oil Futures Settlement

I am a bit confused about how futures contracts are settled. I know that usually contracts are either cash-settled or physically settled. For CME WTI crude oil futures contracts, how does settlement ...
2
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1answer
283 views

Why did the price of crude oil drop below zero today?

Something that’s never happened in the oil market just occurred: negative prices on an oil contract. Why did the price of crude contracts drop below zero today? Can I invest in crude contracts ...
101
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5answers
12k views

What does it mean for the price of oil to be negative?

The New York Times website currently has this graph, showing that the price of "West Texas Intermediate, May contract" is $-13.10. Does it literally mean that someone's offering $13.10 to ...
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2answers
120 views

What are the implications for institutional traders left holding a long WTI contract at expiry, unable to take delivery?

Given the historic drop in the front month WTI price today, I was wondering what the ramifications are for those professional traders who are left holding a long position. Note this problem won't ...
2
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4answers
836 views

Is there a way to buy raw oil today and sell it in 1 year time?

Is there a way to buy raw oil today and sell it in 1 year time? I would like to do so from the United Kingdom. EDIT: I mean buying shares of oil or whatever other form.. I just want to own it "...
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3answers
3k views

What is the relation between the price of crude and the corresponding ETF

Currently the price of crude oil is hovering around 50$/barrel and the corresponding ETF like USO is around 20$/share. What is the relationship between the price of crude and the price of USO? For a ...
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3answers
886 views

What ETF best tracks the price of gasoline, or else crude oil?

Is there an ETF that very closely tracks the price of gasoline? In lieu of that, which ETF best tracks the price of crude oil?