Crude oil is one of the most important natural resources in the world and one of the most frequently traded commodities. Spot crude oil transactions can be performed on the lakefox platform, that is, a spot contract that uses a specific quality of crude oil as the subject of the transaction. It is a CFD transaction that does not involve the commodity itself, and only uses margin as a risk protection. The T+0 transaction system is implemented. You can buy up or down, there is no limit on ups and downs, the degree of risk is small, the settlement method is flexible, and it is suitable for cash out. For investors, investment is stronger than other types of transactions, and the returns are also higher. At present, the lakefox platform provides customers with American crude oil (West Texas Intermediate Oil) and Brent crude oil, which are widely traded in the market. Investors can easily trade with only one account.

It is mainly produced in the North Sea Brent area in the northern part of the North Atlantic, and is widely traded in futures, over-the-counter swaps, forward and spot spot markets. BRENT crude oil is the core of today’s global crude oil pricing system and is considered a “highly flexible tool for risk aversion and trading”. About 70% of international crude oil trade directly or indirectly uses the prices formed in the Brent market system as prices. Benchmark.

Mainly produced in the United States, it is a relatively common type of crude oil in North America. All crude oil produced in the United States or sold to the United States is priced on the basis of light and low-sulfur WTI. The crude oil futures contract has good liquidity and high price transparency, and is one of the three benchmark prices in the world crude oil market.

Crude oil investment is a hot investment that has emerged internationally in recent years, which is inseparable from its own advantages:

Industrial blood: Crude oil has superior physical and chemical properties. In addition to energy attributes, its industrial attributes are widely used in allergic economy and various fields. It is an important material basis for promoting allergic economy and industrial modernization. Modern work cannot do without oil, just as the human body cannot do without blood. Therefore, oil Known as “the blood of industry”.

Strategic position: After World War II, the control of crude oil by the United States facilitated the consolidation of the United States’ position in the world’s political and economic structure, and was an important booster for the United States on the road to establish world hegemony. With the rapid development of industry, the world is facing the dual pressure of economic development and energy shortage. Energy shortage has become a worldwide problem, and crude oil is no longer a commodity in the general sense. It plays a decisive role in the global political structure, economic status and military situation.

Large trading volume: At present, the main global oil trading markets are: Northwest Europe, the Mediterranean, the Caribbean, Singapore, and the United States. There are five markets in total. Due to the global economic development and increasing energy demand, crude oil has long been regarded as one of the commodities. Wang, recognized as the world’s most traded commodity.

Looking back at history, the several large fluctuations in crude oil prices have risen and fallen very wide, casting a profit myth again and again, which is highly sought after by investors.

It is precisely because of the above factors that crude oil investment has become a hot investment product that has emerged in the world in recent years.

The New York Mercantile Exchange (The New York Mercantile Exchange, Inc.) is formed by the merger of The New York Mercantile Exchange (NYMEX) and The Commodity Exchange, Inc (COMEX) in 1994. It is the world’s largest commodity exchange. The New York Mercantile Exchange is located in the financial center of Manhattan, New York, adjacent to the New York Stock Exchange. The exchange plays an important role in the commercial, urban, and cultural life of New York. It has provided thousands of jobs for the financial service industry and industrial alliances, and through its own charity foundation, it supports the cultural and social service projects of the city’s communities and expands its efforts for charity in the metropolis. . Its transactions mainly involve two major categories of products, energy and rare metals, but the transactions of energy products greatly exceed those of other products. The trading methods of the exchange are mainly futures and options trading. So far, the volume of futures trading far exceeds the volume of options trading.