Oil & Gas
Surprising as it might be, anyone can invest in the oil market to make a profit. Indeed, the development of online trading platforms has allowed individuals to use their savings to speculate on rising or falling oil prices. To this end, simply choose your method of trading between the CFDs offered by Forex brokers, which are specifically designed for beginners. Olitmart makes a point to explain how these two trading tools work and how best to use them for profit.
Traded oil has many advantages compared to other popular assets such as for example stocks. Speculating with oil only requires some basic technical and fundamental analysis of the market. Terms seem complicated? Not to worry! The website invest-oil.co.uk was specifically created to assist investors in understanding the rules of investing in black gold and thereby enable them to easily gain access to this opportunity. You will have the upper hand to quickly make profits and earn money simply through oil price changes.
The oil market is both simple and complex. The fact of trading on a single asset is in itself an advantage, notably for inexperienced investors, especially as oil is a relatively simple asset to analyse with a large amount of information available for your scrutiny. However the different actors in this market also exert a concrete and direct influence on the price of this commodity and it is of course absolutely necessary to know them well and understand the global operation of this market before starting to invest your capital. With the different articles available on our website you can learn everything you need to know about the oil market and how to become a real expert in this subject. For example, you will learn how this market is organised with details on the major oil producers, consumers and exporters throughout the world as well as how the price per barrel of oil is calculated. We will also explain how the geopolitical news and events or other exterior events can exert an influence on the rise or fall in the oil price per barrel. The factors that influence the price of black gold are actually quite well known and fairly easy to identify. Using some basic indicators such as the American dollar rate or the oil stocks in the United States it is possible to anticipate a rise or fall in the oil price. Once you have understood all this information that is explained to you clearly and in a straightforward manner you will surely be able to anticipate the variations in the oil price. Then all you have to do is simply fine tune your trading strategies and speculate in real time on the price per barrel of crude oil. As an individual, the best method available for trading in oil is through the use of an online trading platform that specialises in CFDs. You will find this service widely available among brokers that enable you, through the use of CFDs, to speculate on oil and other assets such as shares and stock market indices or other commodities such as gold. The operation of CFDs could not be simpler and more convenient for the use of anyone that wishes to invest in the oil market without having any previous experience in trading. It simply requires that you take a position on the rise or the fall of the oil price at a given moment and close your position when the foreseen profits are reached or when you wish to cut your losses.
To trade in oil online using CFDs it is strongly recommended to use data from both technical and fundamental analysis. Your technical analysis can be completed using comprehensive customised charts that are available through your broker on the trading platform upon which you can display different indicators. Concerning fundamental analysis, this consists of monitoring and analysing the factors and exterior events that may influence the oil price. These of course include data on the supply and demand of oil throughout the world as well as other indicators. For example, the American oil stocks are carefully monitored by traders. You will find them each week in the economic calendar as they are published every Wednesday. These stocks give you concrete information on the demand and consumer levels of oil. Large stocks have a tendency to lower the price of oil and vice versa. Finally, the U.S. Dollar rate can also influence the oil price as an advantageous exchange rate can encourage buyers to invest in the commodity which is quoted in this currency.