Energy Products

WPP Inc. recognizing the importance of energy markets and their direct effect o our daily life the offers to it's investors spot crude oil contracts for investment and hedging purposes.
The WPP Light Crude spot (cfd) contract provides a highly flexible hedging instrument and trading mechanism. This contract is tailored specifically to meet the oil industry's need for an international crude oil spot contract and is an integral part of the crude pricing complex.

Light, sweet crude is preferred by refiners because of their relatively high yields of high-value products such as gasoline, diesel fuel, heating oil, and jet fuel. On May 4, the New York Mercantile Exchange introduced its Middle East crude oil futures contract. The contract is for cash settlement based on an average of the value of Dubai and Oman crude oil as reported by various price reporting services.

Trading unit/ Contract Specification
Crude Oil Spot trade in units of 1,000 U.S. barrels (42,000 gallons).

Margin Requirement
Minimum $ 2.000
 
Price Quotation  
Crude Oil Futures are quoted in dollars and cents per barrel.
Minimum Price Fluctuation: $0.01 (1¢) per barrel ($10 per contract).
 
Trading  Type
Traditional/over the phone
 
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