Crude oil is plentiful and has limited storage in the industrial, transportation, and energy sectors. This has a traction on the global economy making it one of the fastest growing markets in the world.
Crude oil is oil, also known as "black gold". Crude oil is the main raw material for fuel oil and gasoline, and is one of the most important non-renewable energy sources in the world. At present, crude oil has not only become the largest commodity in global trade, but also one of the most important trading objects in global financial assets. As a global investment product, crude oil investment is relatively stable and safe.
Because crude oil is in line with the world, the factors affecting its price are global. In addition to providing two crude oil contracts with the largest trading volume in the world: Brent crude oil and West Texas Intermediate crude oil contracts, PBFX also provides US natural gas contracts.
| Contact Name | Contract Specification | Single-Pen Minimum Transaction Volume | Single-Stroke Maximum Trading Volume | Mean Point Difference | Maximum Lever |
|---|---|---|---|---|---|
| XTIUSD | 1lot=1，000 barrels | 0.01lot | 30 lotss | 38 | 1:100 |
| XBRUSD | 1lot=1，000 barrels | 0.01lot | 30 lotss | 38 | 1:100 |
| XNGUSD | 1lot=10 000（mmBtu） | 0.1lot | 30 lotss | 80 | 1:100 |
