The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.
CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.
Minimum size 0.05
Contract size USD 10
One Pip means 1 cent per barrel
Value of one Pip USD 10 (SGD 13.51)
Minimum stop distance 6
Minimum guaranteed stop distance 10
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 86.5 Contracts||600%|
|2||86.5 - 230.7 Contracts||600%|
|3||230.7 - 346 Contracts||600%|
|4||346 + Contracts||600%|
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
Expiry date 30/08/21
Last dealing date and time 31/08/21 01:30
Settles based on the official closing price of the ICE Brent Crude Oil future on the last dealing day +/- IG dealing spread.
Last rollover time 31/08/21 01:15
Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
Discover opportunity in-platform
Discover opportunity in-app
Open a free, no-risk demo account to stay on top of commodity movement and important events.
Analyse commodity price action on charts with live and historical data, available for as long as you need
Identify the right time to trade on commodities and more, with free technical signals
Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions
Trade gold, silver and more with continuous charting and no monthly expiries
We highlight five things that investors and traders need to know on Wednesday, 21 July.
In this article we preview the upcoming OPEC+ meeting and look at how crude oil prices ...
More from IG:
Gold spreads from 0.3 points, continuous charting and greater profit and loss transparency. Find out more about why you should trade commodities with IG.
Discover why so many clients choose us, and what makes us the world's No.1 provider of CFDs.1
Improve your trading skills by working through interactive courses on the IG Academy app.