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Online oil trading at Easy-Forex® is performed in the same way as trading in Foreign Currencies. The OIL trader will open, modify and close deals on the Easy-Forex® platform in the same way they do with a FX trade.

Quote convention: OIL will be quoted with OIL as the base - Example OIL/USD = 118.00 USD per barrel

Expiration date: Oil trading can only be renewed up to the close of business on the fourth US business day prior to the 25th calendar day of the month, preceding the contract month. If the 25th day is a non-business day, trading shall cease on the fourth business day prior to the business day preceding the 25th calendar day.

Trading hours: 01.30 London time until 22:30 London time, Monday to Friday. Outside these hours no opening or closing of deals will be allowed.

Availability: Oil trading is not available in USA and some other regions.