Worry no more and read this article that explains how oil trading works. Oil futures are a standard method of buying and selling oil and help you deal with rising and falling prices. Types of Crude OilSeveral crude oil types, but the most common ones are:Brent Crude Oil is a widely popular marker and part of the significant benchmarks for oil in the Middle East, Europe, and Africa. WTI is the primary type of crude oil consumed in the USA, and it comes from wells in America. Final ThoughtsGenerally, one can now tell what oil trading is and how it works because it has highlighted everything.
Source: The Guardian May 20, 2022 14:36 UTC