Markets / Energy
ENERGY · Crude Oil & Natural Gas

Energy
The commodities
that power the world.

From US shale oil to North Sea crude to natural gas, energy prices move inflation, currencies and the global economy. Access energy-market volatility with one account on MetaTrader 5.

WTIUS crude oil
BRENTBrent crude oil
NGASNatural gas
ENERGY SPOTLIGHT
WTI
US crude oil · Onshore shale oil
One of the global crude oil price benchmarksSensitive to US inventory data
INSTRUMENTS

Three instruments, each with its own rhythm.

Click a card and the 3D scene in the hero switches accordingly. Sensitivity is qualitative and illustrative; symbols are governed by the MT5 product list.

WTI · US crude oil

West Texas Intermediate

US domestic light sweet crude, delivered at Cushing, Oklahoma; responds strongly to US inventory and production data.

  • US inventoriesHigh
  • OPEC+ policyHigh
  • Geopolitical riskMedium
  • Seasonal weatherLow
Qualitative illustration · Not quantitative data
BRENT · Brent crude oil

North Sea Brent crude

The international pricing benchmark for seaborne crude, covering much of the crude trade in Europe, Africa and the Middle East; more sensitive to international supply and shipping.

  • US inventoriesMedium
  • OPEC+ policyHigh
  • Geopolitical riskHigh
  • Seasonal weatherLow
Qualitative illustration · Not quantitative data
NGAS · Natural gas

Natural gas

A primary fuel for heating and power generation, strongly affected by weather and seasons; volatility is usually markedly higher than crude oil.

  • US inventoriesHigh
  • OPEC+ policyLow
  • Geopolitical riskMedium
  • Seasonal weatherHigh
Qualitative illustration · Not quantitative data
WEEKLY DATA

An energy trader’s week.

The US publishes inventory and rig-count data on a fixed weekly schedule, and prices may move quickly around releases. Times below are converted from US Eastern Time to Beijing time, with daylight saving handled automatically.

Next release: –--:--:--

Release times follow the regular schedule and may be postponed for US holidays. OPEC+ meetings are held irregularly; please watch for official announcements.

MARKET DRIVERS

What drives energy prices.

Energy is highly sensitive to supply and demand; changes in production, inventories, transport and weather are quickly reflected in prices.

FACTOR 01

OPEC+ production policy

Decisions by major producers to raise or cut output directly change expectations for global crude supply.

FACTOR 02

Inventory data

Weekly inventories above or below expectations often trigger short-term moves.

FACTOR 03

Geopolitics and shipping

Conditions in producing regions and passage through key shipping lanes affect the supply risk premium.

FACTOR 04

Seasons and weather

Winter heating, summer power demand and hurricane season have a particularly marked effect on natural gas.

FUTURES CURVE

Understanding the futures curve and rollover.

Energy CFD prices usually reference futures contracts. Prices for different expiry months form a curve, and before the front-month contract expires, positions move to the next month — known as “rollover”.

  • Contango: far-month prices are above near-month prices, usually when supply is ample
  • Backwardation: near-month prices are above far-month prices, usually when supply is tight
  • Price adjustments may occur at rollover; check the rollover schedule in the product specifications before holding positions
Contract prices by monthCurrent reference front-month contractIllustrative curve · Not live prices

Trade crude oil and natural gas on MT5.

Final trading symbols, contract specifications, margin, swaps, rollover schedule, trading sessions and quotes are governed by Bayocean’s current product specifications.