Brent crude oil spot (CFD)
Here at FxPro, we’re delighted to offer our clients the opportunity to trade CFD on Brent.
The CFD market allows participants to Buy or Sell a wide range of financial products, with online platforms giving them the ability to speculate on price movement, without having to physically acquire the underlying asset. Traders will typically employ Fundamental and/or Technical analysis to analyse the market, with online platforms giving the ability to either Buy or Sell, as well as having the option to set Stop Loss, Take Profit and Pending Orders. As prices fluctuate, traders make profit or loss depending on their position and direction in the market. Learn more by visiting our Educational Section.
Brent is mined in the North Sea, and the main manufacturers are Norway and the UK. This oil is characterised by an excellent chemical composition and quality which determines its liquidity in the energy market.
At the moment, the decisive factor affecting the oil rate is the OPEC (Organization of Petroleum Exporting Countries) policy. Any news from these major world producers can significantly affect the CFD price. An equally important factor is any statement of individual participant-countries regarding the increase or decrease in weekly Brent production.
Consider following the fluctuations of the Brent Crude Oil spot price and adding it to your CFD portfolio.
Take a look below at the real-time chart of spot Brent, and start trading with FxPro today, for the ability to buy or sell the CFD (Contract for Difference) through our award-winning trading platforms.
Open your account by clicking the “Register” button at the top of this page. Several convenient deposit methods with 0% commissions are available.
* Only if Margin Level > 100%
** Dynamic leverage applies. For cTrader, please refer to the symbol specifications on your trading platform.
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
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