CRUDE OIL FUTURES2
Updated 995 days ago
Trading Crude Oil Futures - Crude oil is an important commodity which means that it's an asset to be traded through futures contracts, royalty trusts, exchange notes as well as gas and oil exploration agencies. It is really not difficult to trade in crude oil, but one has to know about it before getting started...
Crude oil had been discovered first in the United States more than one hundred and fifty years ago. At the beginning of the twentieth century it provided about 4%, which is a small amount of the energy that was needed worldwide. This number has drastically increased these days to about 40%, which records for roughly 96% of the amount used in the transportation sector...
If you are looking at the opportunities for online options trading, then you might have come across terms such as oil futures option. Basically, this means has the right to but not the obligation to put (sell) or call (buy) one thousand barrels of oil for a specific future strike value.