Energy

Trading Energy CFD Products

Engage in trading Brent crude oil, WTI crude oil, and various spot energy CFD products to diversify and enhance your investment portfolio.

Crude oil is primarily categorized into two main types: West Texas Intermediate (WTI) and Brent crude oil. ForexPhyx offers two spot transactions for crude oil: West Texas Intermediate (WTI-NYMEX) and Brent Crude Oil (BRENT-IPE).
West Texas Intermediate (WTI-NYMEX)
• WTI serves as the benchmark for all crude oil produced in the United States or imported into the country. The futures contract for WTI exhibits strong liquidity and exceptional price transparency, making it one of the three primary benchmarks in the global crude oil market.
Brent Crude Oil (BRENT-IPE)
• Brent crude is central to the current global pricing system for crude oil and is recognized as a highly adaptable tool for risk management and transaction facilitation. Approximately 70% of international crude oil trade utilizes prices generated within the Brent market system as a pricing benchmark, either directly or indirectly.