Energy trading

Trading energy raw materials is one of the most promising ways to make money. The modern world is highly dependent on the Brent/WTI barrel exchange rate. Therefore, it is important to follow news about the volumes of production and consumption of black gold. And then it will be possible to make money quite easily by changing its value.

The global financial market is made up of interconnected assets and events. Therefore, it is important to consider the correlation between various classes and take into account oil data, even if you do not directly trade it.

The results of OPEC meetings, news from the largest oil producer Saudi Aramco and regular US reports on the volume of reserves in oil storage facilities affect the cost of black gold itself, as well as all related assets. Therefore, investors and traders take into account the situation on the energy market when drawing up a portfolio or trading plan.

Each of the available terminals – Trading Platform and cTrader – provides the possibility of automatic trading using robots.

The work of automatic advisors can be based on a combination of the work of several indicators and clearly define the rules of the strategy for making money on Brent/WTI. You can learn more about this at AdeGroup webinars. To participate in them or watch recorded webinars, you just need to register a Personal Account on the broker’s website and make a minimum deposit amount or higher.

In addition, AdeGroup’s analytical department regularly prepares and publishes forecasts for oil and gas prices. Therefore, it is worth following site updates or using the AdeGroup mobile application, which offers push notifications about the release of fresh analytics. If you have not yet installed the broker’s proprietary utility, then it’s time to do so by downloading it from Google Play or the App Store.

So trading in energy raw materials at AdeGroup is an excellent option for diversifying your investment portfolio and moving to a new level of ability to use oil and gas forecasts to your advantage.