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Heating Oil HO

2.5517 0.64%
High: 2.5600 Low: 2.5314

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

Traders' Sentiments

Info

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

Spread 0.0008 Spread (%) 0.03%
Overnight funding - Buy -0.0365% Overnight funding - Sell -0.0073%
Initial margin 10.00% Maintenance margin 5.00%
Leverage 1:10 Expires daily No
Futures Contract August 2024
Automatic rollover

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What is Heating Oil?

Heating oil (HO) is an energy commodity. It's a refined petroleum product primarily used for heating. Trading in heating oil futures occurs on commodity exchanges. Factors influencing heating oil prices include supply and demand dynamics, geopolitical events, weather patterns, refinery capacity, and energy policies.

How do I trade Heating Oil?

Start trading Heating Oil in 5 steps:
  1. Choose how you want to trade Heating Oil
  2. Learn about the Heating Oil Commodity CFD
  3. Open and verify your Plus500 account
  4. Plan your Heating Oil trading strategy
  5. Start trading!

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