Oil trading online
Brent crude oil is trading for classification of light crude oil, which is a combination of diversity extracted from the North Sea crude oil. And this is the basic standard for the global oil price, and compose almost two-thirds of the global crude oil market. British oil company "Shell" was launched after "Brent Joe" local shortcut "Brent" Brent oil based on the first letters of the names of the formative classes in each field of oil fields: Broome, Rano, Aatev, Nice, Tarbat (Broom, Rannoch , Etieve, Ness and Tarbat). And it is linked to the pricing of most of the oil production coming from Europe, Africa, the Middle East, coming from the west and flows; the price of Brent crude. It should be noted that the main countries in Europe now imports oil production from Russia.
Since 2005, the crude oil is traded in global electronic stock exchange, known as the abbreviation ICE, and equivalent per decade in the stock market of 100 barrels of oil, is priced in US dollars. In the world of Forex, crude oil is traded in the form of CFD CFD, using the quantities themselves on the "Barrels" and priced in the US dollar as currency basis (per croaker = 100 barrels) Due to the global demand, seen crude oil as a commodity in the very sensitivity and volatility , which can rise Dramteka in response to economic and political conditions outstanding. As an obvious example, the recent civil war in Libya have caused the rise in crude oil prices sharply from the level of US $ 85 to US $ 115 level almost in a very short period of time. NSFX aware of the extent of the importance of providing the best trading conditions for crude oil and so for the independent dealer, they also provide crude oil trading the British pound, in addition to the traditional US dollar pricing (symbol appear UKOIL and US OIL respectively).
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