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BRENT

Market is open. Closes in 20h 02m

Brent Crude Oil CFD
Details
Contract size
1000
Min volume, lot
0.01
Max volume, lot
100
Step volume, lot
0.01
Stops level
0
Avg spread, pips
0.3
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 open. Closes in 20h 02m
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.