23 June 2022 3:41

BRENT/WTI Oil Contract Futures

What is WTI future contract?

The WTI Futures Curve is a contractual agreement for the price of oil at a specific date in the future. The chart shows the price from 1 month (M1) to 80 months (M80) in the future. Plot the historical data regarding WTI Futures Curves by clicking “Historical Futures Curve Data”.

What is the current oil futures contract?

Futures Overview

Energy Last Chg %
Crude Oil Continuous Contract $109.41 -0.10%
Brent Crude Oil Continuous Contract $114.89 0.21%
Natural Gas Continuous Contract $6.810 0.03%
RBOB Gasoline Continuous Contract $3.8176 0.61%

What are Brent oil futures?

CME Brent crude oil futures
Brent Last Day Financial Futures, also known as Brent Crude Oil Financial Futures, are traded using the symbol BZ, and are cash settled based on the ICE Brent Crude Oil Index price as published one day after the final trading day for the delivery month.

How many barrels of oil are in a futures contract?

1,000 barrels

Crude oil futures are 1,000 barrels per contract, traded from 6:00 p.m. U.S. until 5:00 p.m. U.S. ET, all months of the year.

How do oil futures contracts work?

Oil futures contracts are simple in theory. They continue the time-honored practice of certain participants in the market selling risk to others who gladly buy it in the hopes of making money. To wit, buyers and sellers establish a price that oil (or soybeans, or gold) will trade at not today, but on some coming date.

Are oil futures a good investment?

Oil futures are one of the most frequently traded derivatives on the market — in short, it’s a great investment. You can thrive on oil futures’ high volume trades, leverage options and the fact that it’s relatively easy to get started. Research and develop your trading strategy with Benzinga.

How long do oil futures contracts last?

Most oil futures contracts represent the purchase and sale of 1,000 barrels of oil. When the contract is purchased, it specifies the delivery of these barrels of oil at a predetermined date (up to nine years away), or expiration date, for a predetermined price.

How can I buy oil futures?

If you choose to buy futures or options directly in oil, you will need to trade them on a commodities exchange. The more common way to invest in oil for the average investor is to buy shares of an oil ETF. Finally, you can also invest in oil through indirect exposure by owning various oil companies.

Where are WTI futures traded?

the New York Mercantile Exchange

WTI is the underlying commodity of the New York Mercantile Exchange‘s (NYMEX) oil futures contract and is considered a high-quality oil that is easily refined.

How much money is required to buy a futures contract?

Some small futures brokers offer accounts with a minimum deposit of $500 or less, but some of the better-known brokers that offer futures will require minimum deposits of as much as $5,000 to $10,000.

What are the margin requirements for futures contracts?

For futures contracts, exchanges set initial margin requirements as low as 5% or 10% of the contract to be traded. For example, if a crude oil futures contract is quoted at $100,000, a futures account holder can enter a long position by posting only $5,000 initial margin, or 5% of the contract value.

How much margin do you need for futures?

Futures margin generally represents a smaller percentage of the notional value of the contract, typically 3-12% per futures contract as opposed to up to 50% of the face value of securities purchased on margin.

Who pays the margin in futures trading?

The buyer or seller of a futures contract is required to deposit part of the total value of the specified commodity future that is bought or sold – this is known as margin money.

What can the maximum loss for trading in a futures contract be?

Maximum Loss = Unlimited. Loss Occurs When Market Price of Futures < Purchase Price of Futures.

Can you trade futures without margin?

Yes, you can trade futures without margin. What it requires is to have more than the normal worth of the contract in your trading account — for example, trading one standard contract for a contract that is worth $100,000 when you have $100,000 or more in your account.

Do you need 25k to day trade futures?

Minimum Account Size
A pattern day trader who executes four or more round turns in a single security within a week is required to maintain a minimum equity of $25,000 in their brokerage account. But a futures trader is not required to meet this minimum account size.

How do you trade futures for beginners?

Open an account with a broker that supports the markets you want to trade. A futures broker will likely ask about your experience with investing, income and net worth. These questions are designed to determine the amount of risk the broker will allow you to take on, in terms of margin and positions.

How much do futures traders make?

Salary Ranges for Futures Traders
The salaries of Futures Traders in the US range from $32,680 to $1,119,284 , with a median salary of $203,812 . The middle 57% of Futures Traders makes between $203,812 and $507,784, with the top 86% making $1,119,284.

Can you get rich off futures?

You indeed can become rich from futures trading. The great liquidity in most futures markets, the ease of access, great short-selling opportunities, and high leverage, all make futures some of the most flexible and useful securities out there.

Can you trade futures for a living?

Trading futures for a living is a compelling idea — but to do it successfully, you’ll need sufficient startup capital and a well-designed trading plan. You’ll also need a trading platform that offers fast, reliable access and the right technological tools.