What are CFDs on crude oil (WTI)?

The summary of CFDs on Crude Oil (WTI) is based on the most popular technical indicators, such as Moving Averages, Oscillators and Pivots. Learn more This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.

What are WTI CFDs?

WTI CFDs are based on the price of WTI crude oil, which is a type of light, sweet crude oil extracted from the Permian Basin in West Texas and surrounding regions in the United States. These CFDs enable traders to profit from both rising and falling WTI prices by taking long or short positions, respectively. Source: arcpublishing.com

What are the different types of oil CFDs?

Type of oil CFDs When it comes to oil CFDs, two types stand out as the most common and widely traded: West Texas Intermediate (WTI) and Brent crude oil. Understanding the production, quality, and market factors of these two oil benchmarks is crucial to comprehending their importance in global oil markets.