In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory. Such an event had not been anticipated by the team at the EMX exchange. The team halted trading of its USOIL-Perp contract. Trading of the perpetual contract is yet to be reopened as the team decides on a way forward. Yesterday’s price movement of US … [Read more...] about EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash
Crude
What is Crude Oil? A Trader’s Primer to Oil Trading
Crude oil is a major global energy source and a widely-traded commodity. In this piece, we look at the origins and history of crude, the key factors that affect its price and the main reasons to trade this asset.Main talking points:What is crude oil and what is it used for?Main players in the crude oil marketFactors that affect oil prices WHAT IS CRUDE OIL AND WHAT IS IT … [Read more...] about What is Crude Oil? A Trader’s Primer to Oil Trading
Crude Oil Trading Strategies and Tips
Crude Oil Trading Strategies and TipsCrude oil is ranked among the most liquid commodities in the world, meaning high volumes and clear charts for oil trading.Oil traders should understand how supply and demand affects the price of oil.Both fundamental and technical analysis is useful for oil trading and allows traders to gain an edge over the market.Traders should follow a … [Read more...] about Crude Oil Trading Strategies and Tips