Oil Trading for Beginners - Learn How to Trade Oil

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In today’s video we will talk about oil trading for beginners and help you learn how to trade oil. We will talk about the fundamentals of oil trading and provide an oil trading guide that covers not only the basics but also some of the necessary components of learning hot to trade oil futures and the driving forces behind the changes in oil’s price.

We’ve organized this oil trading tutorial into sections (you could also call them oil trading lessons) that start with the basics that anyone who wants to learn how to trade oil needs to know. From crude oil trading for beginners we move on to answering questions like “how to trade oil CFD”, “how to trade oil on forex”, what’s the difference between WTI and Brent, as well as the dynamics of supply and demand in crude oil trading.

Give us a thumbs up if you liked our “How to Trade Oil Online” video, and if you have any questions about how to trade crude oil - write them in the comments! Subscribe to the channel for more videos about day trading crude oil for beginners and make sure to share the video with anyone you know who wants to learn to trade oil!

00:00 Intro
00:12 Oil's Importance
00:37 Supply & Demand
01:50 WTI & Brent
03:46 Futures & Cash Price
05:37 Crude Inventories
07:02 Trading Oil
10:22 Recap

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.2% 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.