Trading Brent Oil
With Focus Markets you have access to oil CFDs, which provide the easiest and most affordable way to invest in the oil market. Brent Crude Oil sets one of the global price benchmarks for oil and the top benchmark for Atlantic crude oils. The Brent Oil (BCO/USD) price is influenced by the same factors that affect the oil industry worldwide, including discrepancies between supply and demand, geopolitical events, and the price of the American dollar.
Trading WTI Oil
Traders can also invest in West Texas Intermediate (WTI) Oil CFDs. WTI is crude oil produced and distributed primarily in North America. It’s one of the three main oil benchmarks along with Brent Oil and Dubai crude. The price difference between the top two, Brent and WTI, is known as the Brent-WTI spread. Both can be traded at similar prices, but also reflect their own specific markets, unique supply and demand, etc.