WHAT are wti crude oil futures?
WTI Crude oil futures are the West Texas Intermediate, (WTI) or light sweet crude oil that is stored and distributed in Cushing, Oklahoma and has long been a benchmark for oil prices.
WHY would you want to trade WTI crude oil futures?
- Although Crude oil is often thought of as a commodity, it also has been considered a currency and economic barometer.
- Can be volatile, subject to swift price swings due to geopolitical, production and weather events.
- Allows traders to gain exposure in relatively straightforward manner compared to ETF counterparts.
HOW DO you trade wti crude oil futures?
Energy futures markets allow traders to hedge the risk they may carry in their equity portfolio or jump to opportunities triggered by economic, political or weather events.
They offer instant exposure to the underlying commodity of your choice, whether it's crude oil, natural gas, gasoline or heating oil.
Ready to get started trading futures? You'll need to open an account with a broker. Click Here to View a Broker List