WTI Oil Trading (WTI/USD)
Trade West Texas Intermediate crude oil
WTI Oil is the benchmark for US crude oil pricing. Trade with tight spreads, leverage up to 1:200, and exposure to global energy markets and geopolitical events.
Market Overview
West Texas Intermediate crude oil - US benchmark for energy trading
0.1s
Avg Execution
NDD
Execution
24/5
Trading
Frequently Asked Questions
What is WTI Oil and how is it different from Brent?
WTI (West Texas Intermediate) is light, sweet crude oil that serves as the US benchmark. It's typically $2-5 cheaper than Brent due to transportation costs and regional supply/demand factors. WTI reflects North American oil market conditions.
What moves oil prices?
Oil prices are influenced by OPEC+ production decisions, US inventory reports (EIA), geopolitical tensions in oil-producing regions, global economic growth, seasonal demand patterns, and currency fluctuations (especially USD strength).
When is the best time to trade oil?
Oil is most active during London session (08:00-17:00 GMT) and early New York session (13:30-20:00 GMT). Major moves often occur during US inventory reports (Wednesdays 15:30 GMT) and OPEC meetings.
How does oil affect currency pairs?
Oil has strong correlations with commodity currencies, especially CAD (Canada), NOK (Norway), and RUB (Russia). Rising oil prices typically strengthen these currencies against USD, while falling oil weakens them.
What are the risks of trading oil?
Oil trading involves high volatility, geopolitical risks, storage costs (reflected in futures curves), seasonal demand variations, and potential for significant gaps during major news events or supply disruptions.