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High: Low:
Spread | 0.0017 | Spread (%) | 0.06% |
---|---|---|---|
Overnight funding - Buy | -0.0338% | Overnight funding - Sell | -0.0101% |
Initial margin | 10.00% | Maintenance margin | 5.00% |
Leverage | 1:10 | Expires daily | No |
Futures Contract | March 2023 | ||
Automatic rollover |
Name | Sell | Sell button / Change | Buy | Change Change | Change Change | Change Change | |||
---|---|---|---|---|---|---|---|---|---|
{{item.Name}} | {{item.SellPrice}} | Sell | Buy | {{item.ChangePercentText}} | Trade |
The first week of 2023 was not kind to the oil market, with the API showing stockpiles more than doubling expectations. Despite economic activity slowing down, China is making moves to import more oil, signalling a more robust demand.
Read MoreWith speculation that OPEC+ could cut production by a million barrels a day, the price of Oil is on the rise on Monday morning.
Read MoreOil prices have been rising over the past week, with both Crude and benchmark Brent Oil on an upward trend. The beginning of summer as well as rebounding Chinese demand could be the proximate causes.
Read More