BRENT
Market is closed. Opens in 13h 36m
Brent Crude Oil CFD
63.5
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
1000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
0.2 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
0.5% |
|
Long swap, points
|
-6% |
|
Short swap, points
|
-3% |
|
3 days swap
|
Wednesday |
|
Profit currency
|
USD |
| Trading time (MT server time) | |
|---|---|
| Market is closed. Opens in 13h 36m | |
| Sunday | - |
| Monday | 03:02 - 23:58 |
| Tuesday | 03:02 - 23:58 |
| Wednesday | 03:02 - 23:58 |
| Thursday | 03:02 - 23:58 |
| Friday | 03:02 - 23:58 |
| Saturday | - |
Description
Brent Crude is a major trading classification of sweet light crude oil that serves as a benchmark price for purchases of oil worldwide. It is extracted from the North Sea and is known for its high quality.
Factors influencing BRENT:
- Global supply and demand: OPEC production and worldwide consumption.
- Geopolitical tensions: Conflicts in oil-producing regions disrupting supply.
- Currency fluctuations: As oil is priced in USD, the dollar’s value impacts Brent.
Priced in USD.