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Oil

Oil

Crude oil - known as the mother of bulk commodities, the blood of modern industry, black gold, etc. As one of the most important energy and resources in the world, it is also an important international commodity and financial asset due to its scarcity and non-renewable resources, which is of great significance to a country's economy. It is no exaggeration to describe: whoever controls the supply and pricing power of oil can control the economic lifeline of the world. This has led to centuries of international battles and political jockeying over the world's supply and pricing of crude oil. ACDFX Oil is also a hedge against inflation, so the oil market has been very active. Linking two of the world's leading pricing exchanges, we offer two major crude oil products, ICE Brent (London) and WTI (New York Mercantile Exchange), for investors to buy and sell crude oil through their accounts at any time.
Product Code Margin calculation Transaction time (Beijing time)
Brent crude XBRUSD Hands * contract volume * market price / account leverage * prepayment percentage 6: 00 to 4:00 next day (summer time) or 7:00 to 5:00 next day (winter time)
US crude oil XTIUSD Hands * contract volume * market price / account leverage * prepayment percentage 6: 00 to 4:00 next day (summer time) or 7:00 to 5:00 next day (winter time)


Note: trading time in winter is 1 hour later than that in summer