Energy

Energy commodities are physical stores of energy such as Crude oil and Natural Gas. These commodities are consumed in the production and supply of all other commodities and virtually all other economic activity. Energy commodities are essential to modern economies and are affected by a variety of factors including significant geopolitical events.

BlackBull Markets’ Energy

Energy Description
USOIL (US Light Crude Oil) US Oil futures options. Demand for Oil is one of the best indicators of economic growth, however in recent years the indecision of OPEC and the large oversupply has pushed down the price. OPEC decisions are just as important as market conditions when determining the price of Oil
NGAS (Natural Gas) Natural Gas (NG) futures options. As an alternative to other fossil fuels NG has a high demand and seasonal shifts in prices. Europe’s reliance on NG for winter energy increases the volatility around the Northern Hemisphere winter months