How Do You Buy Oil Futures Now

Unlike standard stock trading, oil futures require a dedicated account with a or an introducing broker.

: Traded on NYMEX with the ticker CL . It is the primary US benchmark. how do you buy oil futures

Once your account is funded and you've selected a contract month (most traders use the "front-month," which has the most liquidity), you can place your order. Unlike standard stock trading, oil futures require a

: Represents 1,000 barrels. Every $0.01 price move (one "tick") is worth $10. Unlike standard stock trading