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Product introduction
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Transaction instance
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Contract conditions

What is oil investment?
Crude oil investment is an important investment project in the world.
It has the advantages of low entry threshold and high utilization rate of funds. It implements T+0 trading system and can be reversed every day
Do multiple hands. With leverage, improve the utilization rate of investors' funds. With buy up buy down two-way trading machine
No matter prices go up or down, there are investment opportunities.
The biggest oil products traded in the investment market are American Petroleum and British Petroleum.


Hot products
- USOil
- UKOil
Symbol:USOil
U.S. crude oil, also known as WTI crude oil, is the West Texas intermediate crude oil of the United States. This crude oil futures contract has good liquidity and high price transparency, and is one of the three benchmark prices in the world crude oil market. All crude oil produced or sold in the United States is priced with the light sweet WTI as the benchmark.
Symbol:UKOil
Bp, also known as Brent oil, refers to the oil produced in the North Sea. Its crude oil price also plays an important role in the world crude oil trading.


Advantages of crude oil trading

Trading zero commission, low spread

Low threshold, high yield, trading at $10

T+0 two-way trading, up and down can be profitable

It can resist inflation and increase investment value

5*24h trading

Trading volume is huge and market transparency is high

Factors affecting crude oil trading

Dollar impact
Crude oil is quoted in dollars, so they have a relatively negative correlation, with energy prices falling as the dollar rises.

Safe-haven demand
Crises, revolutions, riots and even wars in major oil producing countries can have a significant impact on oil prices.

Supply and demand
Any commodity is affected by supply and demand. If the supply of crude oil and natural gas exceeds the demand, the price will fall; if the supply exceeds the demand, the price will rise.

Why trade crude oil?
Crude oil is a two-way trade and can be long (buy up) or short (buy down).
In simple terms, if you think the price of crude oil will go up, buy it. If you think it will go down, sell. If the direction is correct, then earn the intermediate spread.

The calculation is as follows: Total profit and loss = (ask price -- bid price) x contract unit x number of trades ± overnight interest
Note: closing a position on the day of opening does not require overnight interest payment; Actual overnight warehouse interest based on actual transactions; Orders placed through the CM Trade platform do not charge commission.
As an example
You buy 3 lots of USOil at 83.760 through the CM Trade platform, each lot of 1000 barrels, and close your position at 83.960 that day.

Total profit
=(ask price - bid price) x contract unit x number of lots + overnight interest
=(83.960-83.760)*1000*3±0=$600
Name | Quotation in small digits | Benchmark currency | High-yielding currencies | Contract unit (Standard hand) |
Delivery time | Occupancy deposit (USD/Hand) |
---|---|---|---|---|---|---|
USOil | 3 | USD | USD | 1000 | 2023/2/17 | 1000 |
UKOil | 3 | USD | USD | 1000 | 2023/2/24 |
1000 |