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Oil

Oil CL

64.76 1.20%
High: 64.76 Low: 64.47

Crude Oil (CL) is a hard commodity that is considered one of the most important and essential energy commodities in the world. Crude oil prices are in dollars per barrel. Future-CME

Traders' Sentiments

Info

Crude Oil (CL) is a hard commodity that is considered one of the most important and essential energy commodities in the world. Crude oil prices are in dollars per barrel.  Future-CME

Spread 0.04 Spread (%) 0.06%
Overnight funding - Buy -0.03378% Overnight funding - Sell -0.01005%
Initial margin 10.00% Maintenance margin 5.00%
Leverage 1:10 Expires daily No
Futures Contract October 2025
Automatic rollover

Related Instruments

Upcoming Events

EIA Weekly Petroleum Status Report
Actual:  Forecast:  Previous: 
EIA Crude Oil Stocks (Bbl)
Actual:  Forecast:  Previous:  418.292M 
EIA Crude Oil Stocks, Net Chg (Bbl)
Actual:  Forecast:  Previous:  -2.392M 
EIA Gasoline Stocks (Bbl)
Actual:  Forecast:  Previous:  222.334M 
EIA Gasoline Stocks, Net Chg (Bbl)
Actual:  Forecast:  Previous:  -1.236M 
Note: more events for the instrument are available on our Economic Calendar page.

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What is Oil?

Crude Oil (CL) is a limited energy commodity, and one of the world’s most important commodities, often referred to as "black gold". Crude oil is primarily used to propel vehicles and machinery, generate heat, provide energy, and is a component of many "everyday" products. The price of crude oil affects the broader economy and is mostly driven by supply and demand, which can be influenced by geopolitical events and natural disasters.

Information to start with Oil

  1. Info on what shifts the Oil price
  2. Steps to open and verify a Plus500 account
  3. Plan a Oil trading strategy

Related News & Market Insights

Why Plus500?

Protected & secure

Your data is safe and your funds are kept in segregated bank accounts, in accordance with regulatory requirements.

Professional support

Get around-the-clock dedicated customer service in multiple languages.

Regulated

Plus500CY Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14).

Reliable

Plus500 Ltd is a FTSE 250 company listed on the London Stock Exchange’s Main Market for Listed Companies.

Oil FAQ

The current price of Oil is 64.76*.

Today's price range is between 64.47 and 64.76*.

Oil has changed by 1.20% today.

Oil has 76% Buyers and 24% Sellers.

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