Instant account opening
Site map
Български Čeština English Français Deutsch Italiano Polski Português Română Русский Slovenský Español Nederlands

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register
cabinet icon

InstaForex – always at the forefront!Open a trading account and become a part of the InstaForex Loprais Team!

Success history of the team headed by Ales Loprais can become your success history! Trade confidently and head towards leadership like regular participant of Dakar Rally and winner of Silk Way Rally InstaForex Loprais Team does it!

Join in and win with InstaForex!

Instant account opening

Registration is not available for non-EU residents. Please, proceed to the website of the other member of the InstaForex group.
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Oil trading on Forex

Nowadays, crude oil is one of the most popular commodities. Oil futures and CFDs are traded on almost every mercantile exchange.
Download Trading Platform
Methods of deposit / withdrawal of funds

Oil trading chart

#cl
35.46 USD
01 Jun 2020 10:25
Price Change (% chg)
$0.01
(0.03%)
Prev Close
Prev Close

Closing price, the previous day.
$35.32
Open
Open

Opening price.
$33.68
Day's High
Day's High

The highest price over the last trading day.
$35.88
Day's Low
Day's Low

The lowest price over the last trading day
$34.76
52-wk High
52-wk High

Price range high in the last 52 weeks
$65.63
52-wk Low
52-wk Low

Price range low in the last 52 weeks
$0.01

What factors influence oil prices?

The dynamic of oil prices depends on several factors such as:

  • Macroeconomics. The key factor here is the supply/demand ratio. Oil prices usually rise when the supply is low and the demand is high, and vise versa: crude oil is cheaper when high supply overrides low demand.
  • Geopolitics. The major participants of the oil market are the companies, states and organizations extracting this commodity. One of the most famous is the Organization of Petroleum Exporting Countries, OPEC. The developments in relations between this cartel’s members and non-OPEC states always have a significant impact on oil prices.
  • Trading sentiment. As already mentioned, crude oil futures are quite popular. This asset attracts interest of many market players such as banks, financial institutions, brokerage firms, individual investors, day traders, and others. Therefore, the sentiment prevailing among these players often shapes the oil prices trend.

Instaforex News

1. *Spain May Factory PMI 38.3 Vs. 30.8 In Apr, Consensus 38.0  2. Lithuania's GDP Contracts For First Time Since 2009  3. *Turkey May Factory PMI 40.9 Vs. 33.4 In April  4. *Poland May Manufacturing PMI 40.vs. 31.9 In April  5. India Manufacturing Sector Activity Continues To Deteriorate  6. *Sweden May Manufacturing PMI 39.2 Vs. 36.4 In April  7. *Lithuania Q1 GDP Unadj. Up 2.4% On Year  8. *Kazakhstan May Manufacturing PMI 50.1 Vs. 39.3in April  9. *Russia May Manufacturing PMI 36.2 Vs. 31.3 In April  10. China's Manufacturing Sector Expands As Covid-19 Restrictions Ease  
You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD