Oil Futures Prices Explained (WTI Crude Oil Futures)

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  • Опубликовано: 17 май 2020
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    Oil prices impact the economy and the world around us. But how does the oil market work, what are oil futures and why are there different prices?
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    #OilPrice #OilFutures #WTIOil

Комментарии • 21

  • @abimbolaobadare6691
    @abimbolaobadare6691 3 года назад +4

    Can you please direct me to where I can get the chart on the futures price and spot price?

  • @user-mv3jx2qx8r
    @user-mv3jx2qx8r 4 года назад +5

    Videos and images you use are really eye-catching! thanks a lot for informative and fun videos :) I've recently subscribed you and am very excited to see next videos

  • @MrLeetec
    @MrLeetec 3 года назад

    Very good information. Thank you!

  • @flashinlights007
    @flashinlights007 4 года назад +1

    Thanks for the informative video!

  • @andyclarke2486
    @andyclarke2486 4 года назад +3

    Nicholas, what are your opinions on there potentially being another recession in the next two years? I'm not an expert, but I've heard the exposure is in the trillions and much higher then 2008? Would love to see a video about it.

  • @olujuwonolawoyin3067
    @olujuwonolawoyin3067 4 года назад +1

    Thank you nicholas.

  • @steveteunis5657
    @steveteunis5657 4 года назад

    Thanks

  • @keithwalker4639
    @keithwalker4639 2 года назад

    Does anyone know of a buyer for WTI crude?

  • @prashnobody4051
    @prashnobody4051 Год назад

    How much leverage we get in crude oil futures

  • @Duomoinitiative
    @Duomoinitiative  4 года назад

    🔹 Get FREE access to the Duomo Trader Development Program: duomotrading.com/FreeDuomoTraining
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  • @AleksandrStrizhevskiy
    @AleksandrStrizhevskiy 4 года назад +4

    I thought the guy didn't actually lose that money. It was a mistake because the system was not configured to display negative numbers.

    • @Duomoinitiative
      @Duomoinitiative  4 года назад +1

      He did lose the money but due to the system error I believe they zeroed out his losses

  • @ultrapurple111
    @ultrapurple111 4 года назад +1

    What would happen if you were short of a futures oil contract, at say $20 (positive territory) and it went negative as we have recently seen. Would the short still be a profitable trade in negative territory?
    I ask because in negative territory many sellers are having to pay buyers to take oil off their hands. Does this also apply to the futures' short; would we have to pay a buyer to take the contract off our hands?

    • @Duomoinitiative
      @Duomoinitiative  4 года назад +1

      The issue you're referring to was for people holding buy contracts in futures that settle with physical delivery of the oil. Usually they can get rid of the contract before expiry and not have to take delivery of the oil, but due to the current situation there was limited storage space and no one was wanting to take delivery of the oil. That meant it was difficult to find anyone to buy the futures contract and traders holding these contracts had to pay to have them taken off them instead - hence the price going negative. That's not something that's likely to happen again and would be for buyers rather than sellers.

  • @Mr.Tech237
    @Mr.Tech237 10 месяцев назад

    You guys stopped answering me immediately after my first installment got expired. You kicked me out of the course, and completely stopped answering my mails. I don’t have enough money yet to complete the remaining installments, It's very expensive though. Kicking me out of the course, I understand, but stop answering my mail is bad. Feels so bad. I was asking about how to change payment method from dashboard. Is that fair for a course supposed to help traders become profitable?

    • @Duomoinitiative
      @Duomoinitiative  10 месяцев назад

      You received a reply from our customer service on Tuesday this week which you did not respond to. You also received an email from Nicholas on 10 July which you did not reply to. I think our emails are going into your spam.