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What is TTM in the crude oil trading?
TTM = Trailing Twelve Months
How does one get a start in the business of crude oil trading?
To start trading in crude oil futures, the fist thing one should do is read up on the futures market and understand how it operates. A familiarity with the oil industry and the environmental and economic factors that affect its profitability is also helpful. Or, one can select a broker who is an expert in the commodities futures market and has experience in crude oil trading.
What is the difference between crude and brent oil?
Crude oil is that oil that comes out of an oil well head (before it is refined). However, different oil wells produce different types of crude oil (some is thick and some is very runny)For commercial trading purposes, Brent Crude is a major classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide.
Are you making the best use of crude oil?
no
Can I buy and sell crude oil like stocks?
Yes. That is called Commodity trading. Oil is a commodity and is traded in the commodities market.
What is the future for crude oil trading likely to be?
The price of crude oil trading futures is dependent on many factors, such as OPEC trading quotas, any changes to refinery capacity, financial markets and even weather conditions in oil producing areas. While oil futures have been on a slight downward trend, there is no guarantee they will remain that way as an active hurricane season forecast for the US and Gulf of Mexico coincides with uncertainty in the Middle East.
What is the best grade of crude oil in the world?
Bonny Light
What is the best place to check crude oil futures?
The best place to check crude oil futures is CNN commodities section. This section allows viewers to get the latest prices for oil, gold, silver, copper, and more.
What is Nigeria's position in the world in producing crude oil?
Crude oil is crude..
How are polymers made into crude oil?
Polymers are not made into crude oil. Crude oil is made into polymers.
What can you do with crude oil?
What other thing you can do with crude oil.
Is crude oil a mixture?
It is a mixture of hydrocarbons, which can be separated by fractional distillation. Oil is NOT an element.
