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Video: Oil Futures Explained – WTI and Brent Oil Futures Trading

April 27, 2020 at 7:02 by Vladimir Vyun

The recent sharp moves of crude oil prices and the unprecedented dip below $0 drew attention to crude oil even from those people who were previously not interested in the commodity. In the present video, David Jones from Capital.com explains the basics of oil trading for inexperienced traders. Firstly, he explains the difference in trading at spot/cash prices and trading in the futures market. Next, he describes the difference between the two most popular grades of oil — West Texas Intermediate and Brent. And finally, he talks about factors that usually drive prices for crude.

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