What is crude oil trading?

Crude oil, also called oil, is also called black gold. The unprocessed oil extracted from oil wells is usually called crude oil, which is mainly dark brown or dark green heavy oil composed of various hydrocarbons. The flammability data of liquid or semi-solid lighter than water is a very complex mixture.

Credit oil investment refers to the use of crude oil price fluctuations in the international market to buy and sell to earn the difference. It is an important international investment project, such as stock gold.

Why invest in crude oil?

Crude oil investment is a hot investment in the international market in recent years, which is inseparable from its own advantages:

Industrial blood: Crude oil has excellent physical and chemical properties. In addition to its energy properties, its industrial properties are also widely used in allergic economy and various fields. It is an important material basis for promoting allergic economy and industrial modernization. Modernization is inseparable from oil, just as the human body cannot do without blood. Known as the "Blood of Industry".

Strategic position: After the Second World War, the United States' control of crude oil promoted the consolidation of the United States' position in the world's political and economic structure, and was an important driving force for the United States to establish world hegemony. With the rapid development of industry, the world is facing the dual pressure of economic development and energy shortages. Energy shortage has become a worldwide problem. Broadly speaking, crude oil is no longer a commodity. It plays a decisive role in the global political structure, economic status and military situation.

Trading volume: At present, the world's major oil trading markets include five markets in Northwest Europe, the Mediterranean, the Caribbean, Singapore, and the United States. Due to global economic development and increasing energy demand, people have long believed that crude oil is the king of commodities and is recognized as the world's most traded commodity.

Looking back at history, several major fluctuations in crude oil prices have been very large. They have created my profit myth and have been sought after by investors.

Due to the above factors, in recent years, crude oil investment has become a hot investment in the international market.