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Heating Oil HO

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A popular energy commodity, traded on the New York Mercantile Exchange Future-CME

Traders' Sentiments

% Buyers % Sellers

Info

A popular energy commodity, traded on the New York Mercantile Exchange Future-CME

Spread 0.0017 Spread (%) 0.06%
Overnight funding - Buy -0.0221% Overnight funding - Sell -0.0217%
Initial margin 10.00% Maintenance margin 5.00%
Leverage 1:10 Expires daily No
Futures Contract March 2022
Automatic rollover

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Plus500 News & Market Insights

Brent Oil Hits 7-Year High
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Jan 18 2022

Brent Oil Hits 7-Year High

With supplies threatened by geopolitical unrest and demand rebounding across Asian economies, the crude benchmark Brent Oil has reached its highest level since October 2014.

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How Will OPEC+ and the Oil Market Respond to Omicron?
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Dec 02 2021

How Will OPEC+ and the Oil Market Respond to Omicron?

Oil is in turmoil as the COVID-19 Omicron variant spreads. With the outlook for petrol demand uncertain, OPEC+ is set to meet today to discuss output.

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Will Oil Prices Continue to Fall?
Plus500
Aug 19 2021

Will Oil Prices Continue to Fall?

Oil (CL) sank under $63 a barrel today, marking it the lowest drop since May. This fall came on the heels of the Fed signaling it would narrow asset purchases.

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