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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.

Price of oil

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IG Spread betting and CFD Trading

Beat the Street: PCE; NIKE; Carnival; UAW; oil; gold

US stocks indicated slightly higher after softer-than-expected inflation. NIKE gave back some gains post-results. Carnival earnings on deck. UAW strike may continue unless a deal is reached. Watch oil ahead of an OPEC+ meeting.

2023-09-29T15:15:29+0100

IG Spread betting and CFD Trading

Supply concerns continue to drive oil prices higher

The latest concerns around oil are being underpinned by the levels of crude stockpiles at the Cushing storage hub in Oklahoma. Cushing is strategically located to pull in barrels from top US shale fields and Canada.

2023-09-27T09:17:33+0100

IG Spread betting and CFD Trading

Trading the Trend: long oil

WTI is seeing a minor retracement in a strong uptrend which can be used to enter a long oil trade with an upside target between $97 and $99 and a stop-loss at $85.70.

2023-09-20T13:56:54+0100