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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Oil

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IG Spread betting and CFD Trading

Oil prices hit a three-month low

Oil prices fell to a three-month low on Tuesday. Several factors can explain this weakening of oil prices: OPEC+ agreed on Sunday to extend most of their oil output cuts into 2025 but left room for voluntary cuts.

2024-06-04T08:19:40+0100

IG Spread betting and CFD Trading

Trading the trend: long Brent crude oil

We would like to use the current sideways consolidation in the Brent crude oil price to buy into the medium-term uptrend, with a stop loss below the 80.24 late February low, and an upside target just below the 90.00 mark.

2024-03-27T12:38:25+0000