How To Trade In Crude Oil Without Fearing Risks Crude oil trading has allowed earning profit in all markets due to its amazing standing within the world’s economic and political system. One can expect consistent short-term and long-term returns while investing in crude oil. Some participants fail in taking full advantage and earning profit out of this investment, either because of market fluctuations or because of their less knowledge regarding the pitfalls where they can earn profits. Crude oil is most actively traded in India with future contracts value in MCX daily. But, unfortunately, due to the involvement of high risks in supply and demand, many people fear investing in crude oil and fail to take the advantage of it. In this article, Shyam Advisory will try to help you out in defeating your worries, by giving various crude oil trading tips but before that let’s learn some basics about it crude oil.
What is Crude Oil? Crude oil is known as “Black Gold” and is a petroleum product that is refined to produce gasoline, heating oils, diesel, etc. Crude oil is an essential part of our lives as we directly or indirectly use it either through laptops, pcs, sports items, tea, or even machines. 48% of crude oil reserves are in the middle east. The World’s 40% of crude oil is controlled by OPEC. OPEC stands for the organization of petroleum exporting companies.