Crude oil trading USOIL
Trade crude oil (USOIL) with the best spreads¹ at Exness. Access price charts, trading conditions, and a powerful trading calculator.
Crude oil is one of the most actively traded commodities globally, playing a crucial role in financial markets. When you trade USOIL with Exness, you trade with flexible trading conditions and deep market liquidity.
The price of USOIL is influenced by supply-demand dynamics, geopolitical events, and economic data, creating opportunities for both fundamental and technical analysis for traders of all levels.
USOIL trading conditions
USOIL
Crude Oil
Trade popular instruments with better-than-market conditions. View the contract specifications and conditions, then use our intuitive trading calculator to easily plan your trades and calculate margin, spread, commission, and more.
Average spread
pips
Commission
per lot/side
Margin
Long swap
pips
Short swap
pips
Stop level
pips
Exness crude oil trading calculator
Results
Margin
Spread cost
Commission
Swap short
Swap long
Pip value
The price chart is indicative and based on the instrument’s Ask price. For real-time quotes, please refer to the trading platform. The results presented by the calculator are for educational and estimation purposes and you should not rely on them as being complete or for making investment decisions. Real-time results can only be determined at the time of order execution. Spreads in the above table are averages based on the previous trading day. Spreads may fluctuate and widen due to factors including market volatility, news releases, economic events, when markets open or close, and the type of instruments being traded.
Why trade crude oil (USOIL) with Exness?
Best spreads¹
Trade with the tightest and most stable spreads in the market.
Instant withdrawals²
Access your funds quickly with seamless transactions.
Ultra-precise execution
Experience minimal slippage and fast order processing.
Swap-free trading³
Hold overnight positions with no swap fees on USOIL.
Stop overpaying to trade USOIL
Trade oil with the best spreads¹ on the market. Period.
What is crude oil (USOIL)?
Crude oil is one of the most actively traded commodities globally, playing a crucial role in financial markets. Its price is influenced by supply-demand dynamics, geopolitical events, and economic data, creating opportunities for both fundamental and technical analysis for traders of all levels. Key factors influencing crude oil trading:
OPEC & supply control
OPEC (Organization of the Petroleum Exporting Countries) decisions impact global oil supply and prices.
Geopolitical risks
Conflicts, trade policies, and economic sanctions can create volatility in oil prices.
Economic indicators
GDP growth, inflation, and employment rates influence oil demand.
US dollar strength
Since oil is priced in USD, fluctuations in the dollar’s value can impact crude oil trading dynamics.
Diversify your portfolio with energies
UKOIL
The price of Brent Crude Oil in USD, reflecting global oil supply, demand, and market trends.
XNGUSD
Natural Gas vs. the US dollar, a volatile pair driven by supply and demand of energy and geopolitical events.
Choose a reliable crude oil trading platform
Exness provides a robust and user-friendly trading experience tailored for crude oil traders.
Ultra-fast execution
Ensure precise order fulfillment at the best available prices.
Advanced analytical tools
Use charts, trading calculators, and market indicators.
Platform stability
Enjoy seamless trading with high-speed servers and intuitive design.
Financial security
Trade with confidence on a secure and transparent platform.
How to start trading crude oil (USOIL) online
Step 1
Open an account
Sign up for an Exness account or try a free demo to access USOIL trading opportunities.
Step 2
Develop a strategy
Analyze opportunities using Exness’ tools, including the USOIL chart, market insights, and indicators.
Step 3
Place your trade
With your strategy in place, you’re ready to execute your first trade on USOIL with Exness.
Frequently asked questions
What are the advantages of trading crude oil over other assets?
Crude oil offers high volatility, liquidity, and global economic relevance. It provides traders with diversification opportunities beyond stocks and forex, making it a strategic asset for portfolio expansion.
How can I analyze crude oil price trends?
Exness provides tools for fundamental and technical approaches to analyzing crude oil price trends.
Fundamental analysis could involve tracking key drivers such as OPEC+ production decisions, US crude inventories (EIA reports), and wider global economic data (GDP, inflation, interest rates). Geopolitical events, particularly in oil-producing regions, can indicate price volatility. Indicators like moving averages, RSI, and trendlines can support your technical analysis.
When can I trade crude oil?
Crude oil trading is available 24/5, with peak activity during the US and European market sessions. This ensures strong liquidity and price movement opportunities.
What's the difference between USOIL and UKOIL?
USOIL and UKOIL represent different underlying assets. USOIL refers to West Texas Intermediate (WTI) crude oil, a US benchmark traded on NYMEX. UKOIL refers to Brent Crude, a globally used benchmark traded on ICE.
Regional and global factors drive changes in USOIL and UKOIL prices. For example, USOIL is generally more sensitive to US inventory reports and US domestic policies. Broader macroeconomic and geopolitical trends often drive UKOIL prices, and they may be influenced more by OPEC+ decisions.
Is crude oil a good investment?
Crude oil is a highly volatile asset influenced by supply-demand shifts and macroeconomic factors. As such, its volatility presents trading opportunities. However, as with all trading opportunities, investors should carefully assess the associated risks. Using Exness’ analytical tools can help provide more informed decision-making.
How much do I need to start trading crude oil (USOIL)?
With an Exness risk-free demo trading account, you can develop your crude oil trading skills with zero financial risk. For traders ready to trade with real funds, Exness offers accounts that make crude oil trading accessible to traders of all levels. You can use our trading calculator to determine exactly what you need to start.
Are there swaps for USOIL?
You can trade USOIL swap-free at Exness as part of the Swap-Free program. This lets you hold USOIL positions overnight at no cost. To check your swap-free status, log in to your Personal Area, click the Profile icon, and select Trading Conditions.
Start trading USOIL today
Choose tight and stable spreads and keep more of what you make.
- "Best spreads" mean the tightest and most stable spreads. "Most stable spreads" refers to the lowest maximum spreads, and "Tightest spreads" refers to tightest average spreads on Exness Pro account, for USOIL based on data collected from 25 August - 7 September 2024, when compared to the corresponding spreads across commission-free accounts of other brokers. Spreads may fluctuate and widen due to factors including market volatility and liquidity, news releases, economic events, when markets open or close, and the type of instruments being traded.
- At Exness, over 98% of withdrawals are processed instantly (under 1 minute). Once your funds leave our custody, it's up to your chosen payment provider to process the funds and credit your account.
- Swap-free qualification is determined by trading activity. By default, all accounts are swap-free. If you do not trade mostly during trading hours and regularly hold large amounts of orders open overnight, you may not qualify for swap-free status.