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About crude oil

Crude oil is an important energy in the international market, and its price is determined by the prices of three major international oil exchanges - New York Mercantile Exchange, London international oil exchange and Singapore International Financial Exchange. And it is usually affected by political factors and supply and demand, which fluctuates greatly, just like other commodities whose prices will fluctuate sharply in case of supply shortage or surplus and political instability.

Advantages of crude oil trading

  • High volatility – more profit opportunities;

  • Trading judgment can be made according to market trend;

  • Applicable to short-term and long-term transactions;

  • Cost effectiveness and integration with the global energy market;

  • No additional fees or transaction commissions.

Precautions for crude oil trading

  • If you hold a position overnight, you need to pay overnight interest.

  • The point spread during trading, that is, the difference between the buying price and the selling price.

  • Risk tip: if the market moves contrary to your transaction, your loss may exceed your initial margin.


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Please note that：Transactions in the foreign exchange market will involve significant risks, including complete loss of funds. Trading is not suitable for all investors and traders. Increasing leverage will increase risk (risk warning). This service is not available to U.S. residents. AFG provides you with trading resources to help you get familiar with all trading features and tools on the trading platform. AFG's mock account allows you to test any trading strategy in a zero risk environment. Since the market situation may affect the quotation and trading price, please do not regard it as any real profit, loss or real trading environment. Foreign exchange products are leveraged products, so the transaction risk is high and may not be suitable for everyone. AFG recommends that you make sure you are clear about the risks involved before making a decision on AFG's products. If necessary, seek independent advice.