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Oil trading

Trade US and UK Oil on our multi award-winning platform and experience the volatility of one of the most heavily traded commodities.
Commodities explained
 

What you need to know about Oil

What is the US Crude Oil 7-Day market?

US Crude Oil 7-Day is a standalone WTI Crude Oil Cash CFD product that is available during standard weekday trading hours and remains open most of Saturday and Sunday, allowing you to react to geopolitical, economic, and market-moving events outside traditional oil market hours. Trading pauses for a short period on Sunday before weekday market pricing resumes.

When can I trade US Crude Oil 7-Day?

US Crude Oil 7-Day is tradeable 7 days and week with the following trading breaks:

  • Sunday to Thursday: from 5 PM ET to 6 PM ET
  • Friday: from 5 PM ET, reopening on Saturday at 4 AM ET

Please review the Market Information Sheet on the platform for exact trading hours.

How does pricing work?

During standard market hours, pricing follows our standard US Crude Oil pricing methodology, which references the underlying WTI market. When the traditional WTI futures market is closed during the weekend, pricing is derived from alternative crude oil reference markets and other relevant market information available to FOREX.com. Pricing adjustments may be applied to reflect differences between weekend reference markets and the traditional WTI market. When the traditional WTI futures market reopens, pricing returns to the standard US Crude Oil pricing methodology.

Weekend spreads may be wider than during standard market hours. In exceptional circumstances, trading may be restricted, paused, or made close-only.

How do positions work for US Crude Oil 7-Day?

US Crude Oil 7-Day is a separate market from the standard US Crude Oil CFD. Positions, margin requirements, and profit and loss are managed independently, and positions in one market will not offset, transfer to, or roll into the other.

Why might weekend prices differ from standard US Crude Oil prices?

The traditional WTI futures market is closed during portions of the weekend. As a result, weekend prices are derived from alternative crude oil reference markets, which may not move in the same way as the traditional WTI market. The US Crude Oil 7-Day price may therefore differ from the final weekday price or from the price available when the traditional WTI futures market reopens. Trading during the weekend may allow clients to respond to market developments before the traditional WTI futures market reopens, but it does not eliminate the risk that prices may gap when the traditional markets reopen.

What events can affect US Crude Oil 7-Day prices during the weekend?

Crude oil prices can respond rapidly to developments affecting global oil supply and demand. These may include geopolitical events, OPEC+ decisions, production or supply disruptions, inventory developments, and other significant energy-market events. These events may occur while the traditional WTI futures market is closed and can result in significant price movements.

Will financing charges apply?

Yes. Financing is applied to US Crude Oil 7-Day positions on a daily basis, including weekends. Positions held through the applicable financing cut-off may therefore be subject to a financing adjustment. Please refer to the Market Information Sheet for current financing information.

Can stop-loss orders be triggered during the weekend?

Yes. If a stop level is reached based on the price quoted for US Crude Oil 7-Day, the order will be triggered as usual. Execution will occur based on available prices in the US Crude Oil 7-Day market at that time. Orders associated with the separate standard US Crude Oil market will not be triggered by movements in the US Crude Oil 7-Day market.

Can trading be restricted or suspended?

Yes. In exceptional circumstances, including significant market disruption, problems with available reference prices, or other conditions where reliable pricing cannot be maintained, FOREX.com may restrict trading, make the market close-only or one-sided, temporarily suspending trading or withdrawing pricing. In extreme circumstances, you may be unable to close a position until reliable price formation resumes.

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How to trade Oil?

You can trade Oil directly from our award-winning app and platform as well as through MT4. If you are new to trading, we also offer a wide range of educational services.
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What is Oil?

Oil is a heavily traded commodity that has global demand, primarily as a source for fuel.
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Why trade Oil?

Due to its wide range of uses and global demand, Oil can see vast fluctuations in its price. This can also be magnified by geopolitical situations.
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If you have more questions see the FAQ section or start a Chat with our support
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Why trade Oil with FOREX.com?
A lot can happen in 20 years. But throughout that time we’ve remained steadfast, providing traders with the stability and opportunities they need to make their mark on the financial markets.
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Reliable, consistent trade execution 
Peace of mind that your trades are executed swiftly, with a 99.99%* execution rate of less than a second.
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Award-winning trading platforms 
Enjoy a suite of powerful, industry leading platforms and get the popular TradingView charting program  for free.
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Global market leader
We have over 21 years’ experience in providing innovative products and helping traders achieve their goals.
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Part of the StoneX Group
As part of a NASDAQ-listed company, we’ve got financial strength and security you can depend on.
Our technology, your advantage

The services from FOREX.com were designed by traders, for traders. That’s why the trading tools that we provide can be relied upon to give you a competitive edge when it comes to online trading.

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Have questions? We've got answers.

What other commodities does FOREX.com offer?

At FOREX.com you can trade a wide range of commodities including oil, gold and silver. View more on our commodities.

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Where can I learn more about trading?

Whether you are trading natural gas or any other of our 12,000 instruments, you can visit our Trading Academy to learn more about the markets, how they work, and a wide range of other subjects.

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What are the margin requirements for Oil?

Margin for retails clients is from 10% for Oil. Professional clients can find different rates here.
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