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The reasons why you might want to trade in oil

Trading

2 min read

According to CNBC we are about to see a great deal of opportunities to trade in the oil market. And all thanks to President Trump. The US administration is about to impose a series of sanctions on crude oil against Iran, the introduction of which is scheduled for 4 November. What will be the most plausible result? According to the law of supply and demand, when the supply decreases and the demand remains the same the price of an asset can only be appreciated. Obviously, the price increase is not guaranteed. However, CNBC experts believe it is the most plausible scenario. After all, the price of oil has already increased by 25% since the beginning of 2018.

Source: The global economic impact of 100 oil is not trivial: Here are the probable winners and losers

Here's how you can trade in oil with the IQ Option trading platform:

  • Go to iqoption.com.
  • You can trade in oil through digital options, trade it as a commodity or even trade in an oil-related exchange-traded fund.image 7
  • The easiest way to find the asset you are looking for is to click on the "Open new asset" button at the top of the screen and type "petroleum".
  • All you have to do is select a specific trading tool.
  • Remember that the various financial instruments are traded differently, although they are all linked to the price of oil.

    Trade here

    This article does not represent an investment advice. Any reference to past movements or price levels is informative and based on external analyzes, we do not provide any guarantee that such movements or levels may reoccur in the future. In accordance with the requirements set by the European Securities and Markets Authority (ESMA), trading with binary and digital options is only available to customers categorized as professional clients.

    GENERAL INFORMATION ON RISKS:

    CFDs are complex instruments and carry the high risk of losing money quickly due to the leverage effect. 76% of retail investor accounts lose money when trading with CFD through this provider. You should make sure you understand how CFDs work and if you can afford to take the high risk of losing your money.


    Source: IQOption blog 2018-10-12 11:25:26

    PLEASE NOTE: The articles on this website are not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.

    In accordance with the requirements set by the European Securities and Markets Authority (ESMA), trading with binary and digital options is only available to customers categorized as professional clients.

    Some of the links on this page may be an affiliate links. This means if you click on the link and purchase the item, I will receive an affiliate commission.

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    This website is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.

    General risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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