Tag: oil trading

November 21, 2021 BY Alan Sayer

Oil Rallies as US Crude Stocks Decline in Tight Market

The United States is the largest consumer of crude oil in the world. Spurred by strong demand in the US and global supply shortage, oil prices have reached a new high. On 26th October, Brent crude was selling at $86 a barrel, and US oil was up by 0.7% to $83.96. According to Goldman Sachs,…

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April 15, 2016 BY Maria Nikolova

RoboForex shifts oil CFD positions to “Close Only” mode

Retail FX broker RoboForex is changing the trading conditions for positions in CFDs on oil, due to expected low liquidity around the oil producers summit in Doha on April 17, 2016. Trading in Brent and WTI instruments will only be allowed in "Close Only" mode, effective 12:00 PM server time, Friday April 15th. The company…

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June 26, 2013 BY Gerald Segal

CME Group reports another Crude Oil trading volume record

This is the first time NYMEX Brent volumes surpassed 65,000 contracts at the CME. CME Group, which runs the world's largest derivatives marketplace, announced it has reached record volumes in NYMEX Brent trading, with 65,065 contracts trading hands this past Monday (June 24). This is the first time NYMEX Brent has surpassed 65,000 contracts, and shattered the…

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June 10, 2013 BY Gerald Segal

CME Group reports record Crude Oil trading volumes

This is the first time NYMEX Brent volumes surpassed 50,000 contracts at the CME. CME Group, which runs the world's largest derivatives marketplace, announced it has reached record volumes in NYMEX Brent trading, with 52,352 contracts trading hands last Friday June 7. This is the first time NYMEX Brent has surpassed 50,000 contracts. Additionally, open interest for…

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May 16, 2013 BY Gerald Segal

CME Group reports record volumes for Oil spread trading

Record setting volume numbers continue to hit global markets from FX to Commodities. Record volumes in 2013 for Gold trading, Forex trading, and now Oil trading....  CME Group, which runs the world's largest derivatives marketplace, announced it has reached record volumes (open interest) for Brent-WTI spread options. The CME saw 126,675 contracts traded yesterday (May…

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