CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Trade [[data.name]]

Trade the most popular, headline-grabbing commodities with Skilling!

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[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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About

History

Differences between Investing vs Trading

About

History

Differences between Investing vs Trading

XTIUSD is a commodity pair representing the price of West Texas Intermediate (WTI) crude oil expressed in the US Dollar. West Texas Intermediate is a sweet crude oil refined to produce products like diesel and gasoline, and the USD is the number one most traded currency in the world.

Besides Dubai Crude and Brent, WTI is a popular oil price benchmark, and analysts use the XTIUSD oil live chart to determine the health of the United States economy. Even though two-thirds of global oil contracts use Brent as a benchmark, WTI is considered more attractive than Brent because of its low sulfur content (between 0.24% and 0.34%).

In general, oil with low sulfur content is easier to refine. WTI comes primarily from inland Texas and is refined in the Gulf of Mexico and the Midwest.

In 2014, domestic crude oil output in the United States increased, and this shale boom increased the production of WTI. Since then, the price of WTI has dropped and usually trades at a discount to other oil price benchmarks. Similar to other commodities, the production of WTI and the share price of XTIUSD is positively and negatively affected by economic and financial news.

In the past, the shale boom increased WTI output, while fears over economic recession have caused the price of WTI crude oil to drop. These are all factors to be aware of when looking at the share price of XTIUSD.

The XTIUSD price fluctuates depending on a range of external factors. Because of this, we need to consider the different ways we can capitalise on this volatility. Some individuals may find contract for difference (CFD) trading the best option because they can speculate on rising and falling oil price movements without owning the commodity.

You can trade CFDs through desktop platforms or mobile apps, which are more helpful than desktop trading. That's because CFD trading apps have push notifications that alert traders in real-time about price movements. Because the price of oil fluctuates all the time, you want to have these instant notifications turned on.

Buying and investing in individual oil stocks is the preferred option for those who want to own the commodity. Investing gives you direct ownership, which is not the case with CFD trading. Regardless of whether you're trading or buying XTIUSD, use various technical indicators and drawing tools offered by proprietary trading platforms like Skilling Trader to ensure you're getting the most out of the commodity pair.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
Min step size [[ data.stepVolume ]]
Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Trade [[data.name]] with Skilling

Take a view on the commodity sector! Diversify with a single position.

  • Trade 24/5
  • Tight spreads
  • Average Execution at 5ms
  • Easy to use platform
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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without the restrictions that come with owning the underlying asset.

CFD
Actual Commodities
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage

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Trade on volatility

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No commissions
Just low spreads

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue

Important notice

This page/website is not directed to EU clients and falls outside the European regulatory framework and is not in the scope of (among others) the Markets in Financial Instruments Directive (MiFID) II.
By continuing you acknowledge to view the content provided by Skilling (Seychelles) Limited, which is authorised and regulated by Seychelles Financial Supervisory Authority, and that your decision was made independently and at your exclusive initiative and no solicitation or recommendation has been made by Skilling or any other entity within the group.

Continue