Energies
Oil and gas, traded as prices
Energy CFDs follow crude oil, Brent and natural gas. Traders watch inventories, refinery runs, weather and producer meetings. You are not chartering a cargo. The contract pays the price difference in US dollars, and the front month can move on its own when it rolls.
01 — Energies
Two crudes
WTI is the US inland benchmark. Brent is the seaborne benchmark. They usually move together and sometimes diverge when regional supply breaks.
Open account
02 — Energies
The Wednesday print
US inventory figures are a scheduled shock. Spreads often widen in the minutes around the release.
Open account
03 — Energies
Gas is weather
Natural gas reacts to storage, heating demand and storms. The range is routinely wider than crude.
Open account
04 — Energies
Contract roll
As the front month expires, the price you see can shift toward the next month. That is not always a market 'move'.
Open accountOil and gas
WTI, Brent, products and natural gas.
Loading quotes
Loading the latest prices…
- US crude benchmark
- WTI
- Seaborne crude
- Brent
- Weather sensitive
- Gas
- Front month changes
- Roll
Two crudes
WTI is the US inland benchmark. Brent is the seaborne benchmark. They usually move together and sometimes diverge when regional supply breaks.
The Wednesday print
US inventory figures are a scheduled shock. Spreads often widen in the minutes around the release.
Gas is weather
Natural gas reacts to storage, heating demand and storms. The range is routinely wider than crude.
Contract roll
As the front month expires, the price you see can shift toward the next month. That is not always a market 'move'.
What actually moves energy
The story is physical supply meeting a futures market. Headlines matter, but inventories and producer policy matter more.
- OPEC and allied producers change the supply narrative in a single meeting.
- Refinery outages tighten products even when crude looks well supplied.
- A stronger dollar often leans on dollar-priced commodities.
- Geopolitical shocks gap the Sunday open.
Trading it on this desk
Treat energy as a wholesale contract that has been cut into a CFD. The cash value of a one-dollar move is the number to respect.
- Read the point value on the ticket.
- Avoid adding size in the minute of an inventory release.
- A stop left through a weekend can fill far from the level you set.
- If you do not understand the roll, use a smaller size or a shorter hold.
01
Pick WTI, Brent or gas
Choose the benchmark that matches the story you are trading.
02
Check the front month
Confirm which contract the symbol follows, especially in the days before expiry.
03
Size from the dollar move
Assume a multi-dollar day is possible and set size so that day is survivable.
FAQ
What is the difference between WTI and Brent?
WTI is delivered in the US interior. Brent is a seaborne benchmark used to price much of the world's crude. Regional gluts or shortages push them apart.
Why did my oil price change when the chart looked flat?
A contract roll replaces the expiring month with the next one. The new month can be several dollars away.
Is natural gas the same product as crude?
No. It has its own storage cycle, its own weather, and usually a wider percentage range.