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Energy

Energy is available to all GQFX account holders. Oil: US oil and UK Crude oil are products that are tradable commodities.

Oil

There are 2 types of tradable oil products that can be traded with GQFX:

  • US Oil is a spot commodity pair based on crude oil produced in the US which has a character of sweetness that refers to the low sulphur content in the oil which is highly tradable.
  • UK crude oil is a spot commodity pair based on crude oil produced by UK which is also referred to as Brent Oil produced from the North Sea. Brent Crude is used as the pricing benchmark for two thirds of the world’s oil production.

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