The oil industry is a vital component of the global economy, providing the energy needed to power transportation, manufacturing, and a wide range of other industries. Oil is a finite resource, and its extraction, production, and consumption must be managed responsibly to ensure that it continues to meet the needs of future generations.
Production involves the pumping of oil from the well to the surface, where it is transported to a storage facility for further processing. We employ the latest technologies and techniques to safely and efficiently extract oil from the ground while minimizing our impact on the environment.
What is Oil Trading?
Oil trading is the buying and selling of oil with the aim of making a profit. This can be done by buying the physical commodity, or speculating on its price. As oil is a finite resource, its price can see massive fluctuations due to supply and demand changes. This volatility makes it extremely popular among traders.
The three main ways you can trade oil are the oil spot price, oil futures or oil options. With us, you can use spread bets or CFDs to take any of these positions, without having to own any actual oil.
