products
What is
Energy Trade?
At TuranGlobal Markets, we offer our clients spot energy trading, such as Brent, WTI and Natural Gas, which are considered the most important sources of raw materials on the planet.
Explore the above assets and discover the possibility of new investment opportunities in the financial market.
Energy CFDs are a popular choice for short-term investment, especially when there is an increase in energy consumption, such as during periods of active growth when demand increases. Prices are determined by global supply and demand for the physical product.
Oil, often referred to as ‘black gold’, is usually denominated in US Dollars (hence the term ‘Petrodollars’), so a weak dollar will usually cause Oil prices to rise, as the price of the product is directly affected by the value of that currency.
Oil producing countries have a huge influence on supply and therefore price, as they can withdraw or increase the physical quantity of barrels available on the market.