The price of oil is an indicator of the global economy’s health. Oil demand is inversely proportional to economic growth, and during periods of economic crisis, oil prices are likely to fall. It is a 24-hour market that can be extremely volatile, which makes it an excellent choice for intraday traders seeking rapid movement.

Crude oil trading is a convenient way to enter the Energies market because it does not require ownership of underlying assets. You simply speculate on the price of Oil and Gas increasing or decreasing, and your profit or loss is determined by the difference between the open and close prices.