IFC Markets Forex Broker

Oil Natural Gas - Oil vs Gas Trading

&SumOIL/GAS

Instrument - &SumOIL/GAS

Type - PCI

Oil Natural Gas Investing

Status: Closed Trading
Change:
Prev. closing
Open price
Today, max.
Today, min.

Natural Gas vs Oil Description

The personal composite instrument «&SumOIL/GAS» reflects the price dynamics of a portfolio composed of futures contracts on Brent and WTI crude oils against natural gas futures contract. The base part of this instrument is composed of 1 barrel of Brent crude oil and 1 barrel of WTI crude oil, the quoted part - 50 million British thermal units of natural gas.

Created by professionals for professionals

Oil is represented by the instruments #C-BRENT and OIL - the continuous CFDs on respective futures, and gas is represented by the continuous CFD #C-NATGAS. The asset percentage content of the instrument is estimated on the basis of asset prices on the instrument creation date.

The trading instrument &SumOIL/GAS is used for the analysis and trade of the spread between oil and natural gas.

Please, choose the section:

Structure

PCI Components and their volume

Parameters

PCI main trading conditions

Trading hours

PCI active trading hours

Application field

How can PCI be applied in trading?

&SumOIL/GASAssetVolume / 1 PCIPercentageVolume (USD) / 1 PCIUnit of measurеment
Base part1#C-BRENT1.00000.06055.9000barrels
2OIL1.00000.05048.1400barrels
Quoted part1#C-NATGAS50.0000.1400137.3500mmBtu
  • The volume to calculate Swap and 1 pip value
  • The size of 1 pip
  • Margin in USD for the volume and leverage of 1:100
  • 10
  • 0.00001
  • 13.13 USD

Creation date

2015-03-25
StandardBeginnerDemo
Fixed spread, pip 676676676
Floating Spread, pip 676676676
Order distance, pip ---
Swap (long/short) in pips on Vol -0.245 / -0.274-0.245 / -0.274-0.245 / -0.274
Available
volumes
>=114.03 11.40 – 1000.00 >=11.40
The value of 1 pip in USD for the Vol 000
Week dayTrading hours (CET)Local trading hours
Monday 02:00 — 23:0002:00 — 23:00
Tuesday02:00 — 23:0002:00 — 23:00
Wednesday02:00 — 23:0002:00 — 23:00
Thursday02:00 — 23:0002:00 — 23:00
Friday02:00 — 22:0002:00 — 22:00

The personal composite trading instrument &SumOIL/GAS is used for oil and natural gas pair trading, as well as multi-year comparative analysis of the spread and the instruments themselves – continuous futures on Brent oil, WTI oil and natural gas. For example, by building a percentage chart in the NetTradeX terminal for the spread &SumOIL/GAS and three instruments #C-BRENT, OIL and #C-NATGAS (Fig.1) the 5-year relative dynamics (starting from 2010) of these energy assets and oil-natural gas spread can be studied. As is evident from the chart, buying the spread, that is buying oil and selling natural gas, yielded substantially higher returns during most of that period than buying the assets themselves.

OIL vs Natural Gas

Fig.1

Traders who specialize in energy raw materials trading will be comfortable trading this PCI.

Limit volumes (USD) for base and quoted parts = 100000.00 ; 100000.00.

To trade PCI instruments offered exclusively by IFC Markets, you need to open a free account and download the NetTradeX platform.