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Heating Oil

Heating Oil HO

2.3185 1.06%
High: 2.3493 Low: 2.2912

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 0.0011 Spread (%) 0.05%
Overnight funding - Buy -0.0352% Overnight funding - Sell -0.0087%
Initial margin 10.00% Maintenance margin 5.00%
Leverage 1:10 Expires daily No
Futures Contract November 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 just 5 steps:
  1. Explore what shifts the Heating Oil price
  2. Learn about Heating Oil trading in the Trading Academy
  3. Open and verify your Plus500 account
  4. Develop your trading strategy
  5. Execute your first trade on Heating Oil

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