Saxo Group
Crude oil is often considered one of the most important commodities in the global economy, perhaps because it is a non-renewable resource. This means that it is impossible to naturally replace crude oil at the same rate that it is consumed. If you are beginning to consider trading crude oil for the first time, you should start by understanding what factors drive this limited resource.
Here are some of the main influences that can affect the price of crude oil:
So how can you actually trade this popular commodity? Here are a few ways:
Now that you understand the factors that influence the price of crude oil, and the ways to trade it, you need to figure out if it’s a commodity that is right for you. The only way to do that is to consider your tolerance for risk, and time horizon, as well as your personal financial goals. Before making any investment, always be sure to keep yourself well informed with the latest market news and insights.
Quarterly Outlook
Chief Investment Strategist
Quarterly Outlook
Head of Fixed Income Strategy
Quarterly Outlook
Chief Investment Strategist
Quarterly Outlook
Head of FX Strategy
Quarterly Outlook
Head of Commodity Strategy
Quarterly Outlook
Head of FX Strategy
Quarterly Outlook
Chief Investment Strategist
Quarterly Outlook
Chief Investment Strategist
Quarterly Outlook
Head of Fixed Income Strategy
Quarterly Outlook
Head of Commodity Strategy
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