Brent crude (UKOIL) is the global benchmark for oil prices. Trade Brent oil with FXPrimus for tight spreads, real-time data, and access to major energy markets.
Brent crude (UKOIL) is the global benchmark for oil prices. Trade Brent oil with FXPrimus for tight spreads, real-time data, and access to major energy markets.
| Symbol | Digits | Avg. Spread | Commission | Margin | Contract Size |
|---|---|---|---|---|---|
| UKOIL.sp Spot Brent Oil |
2 | 4 | 5 | 1% | 1000 |
| Symbol | Digits | Avg. Spread | Commission | Margin | Contract Size |
|---|---|---|---|---|---|
| UKOIL.sp Spot Brent Oil |
2 | 4 | 5 | 1% | 1000 |
Brent crude oil is the primary pricing benchmark for global oil markets. It is widely used in international trade and serves as a key indicator of energy market trends.
Its price is influenced by global supply chains, production levels, and political stability in oil-producing regions. OPEC policies and currency fluctuations also impact its movements.
Brent crude is a highly liquid commodity, offering traders ample opportunities for speculative trading and portfolio diversification in energy markets.
Tight spreads, fast execution, and advanced trading tools.
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