Gasoline
Trading gasoline, or petrol, is a popular means of accessing the energy market given its strong correlation to oil. Prices can be affected by a range of factors, from distribution costs to geo-political events. Gasoline is tradable via futures and options, as well as CFDs and stocks. In this tutorial, we dive into the basics of the commodity, the factors that drive prices, and how you can start trading at the top gasoline brokers.
Best Gasoline Brokers UK
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Founded in Australia in 2010, Pepperstone is a highly regarded broker specialising in forex and CFDs. Serving more than 400,000 clients globally, it provides access to over 1,300 financial instruments through popular platforms like MT4, MT5, cTrader, and TradingView. Its fee structure is both low and transparent. With regulation by reputable bodies such as the FCA, ASIC, and CySEC, Pepperstone guarantees a safe trading environment for traders at every level.
Instruments Regulator Platforms CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto (only Pro clients), Spread Betting FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
Established in Poland in 2002, XTB caters to over a million clients worldwide. This forex and CFD broker offers a robust regulatory framework, a diverse range of assets, and prioritises trader satisfaction. It provides an intuitive proprietary platform equipped with excellent tools to support aspiring traders.
Instruments Regulator Platforms CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti xStation Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:30 -
Founded in 2006, FxPro has built a reputation as a reliable non-dealing desk (NDD) broker, providing trading access across more than 2,100 markets to over 2 million clients globally. It has received over 100 industry awards, reflecting its favourable conditions for active traders.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, Futures, Spread Betting FCA, CySEC, FSCA, SCB, FSA FxPro Edge, MT4, MT5, cTrader, AutoChartist, TradingCentral, DupliTrade, Quantower Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 (Retail), 1:500 (Pro) -
eToro, a leading multi-asset platform, provides access to trading services across thousands of CFDs, stocks, and cryptocurrencies. Established in 2007, it boasts millions of active traders worldwide and is sanctioned by top-tier regulators such as the FCA and CySEC. It stands out for its extensive social trading feature. Crypto investments are unstable and carry risk. Tax implications might apply. Acknowledge the risks involved. 61% of retail CFD accounts incur losses.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF eToro Web, CopyTrader, TradingCentral Min. Deposit Min. Trade Leverage $50 $10 1:30 -
BlackBull, a New Zealand-based CFD broker, offers a wide range of trading options across more than 26,000 instruments. Following a 2023 rebrand, it boasts a contemporary design and provides advanced trading tools along with ultra-fast execution speeds, averaging 20ms.
Instruments Regulator Platforms CFDs, Stocks, Indices, Commodities, Futures, Crypto FMA, FSA BlackBull Invest, BlackBull CopyTrader, MT4, MT5, cTrader, TradingView, AutoChartist Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:500 -
Established in 2009, Vantage provides trading on more than 1,000 short-term CFD products to over 900,000 clients. Forex CFDs are available from 0.0 pips on the RAW account via TradingView, MT4, or MT5. Regulated by ASIC, Vantage ensures that client funds are kept in separate accounts. Traders looking to copy strategies will benefit from a wide array of social trading tools.
Instruments Regulator Platforms CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting FCA, ASIC, FSCA, VFSC ProTrader, MT4, MT5, TradingView, DupliTrade Min. Deposit Min. Trade Leverage $50 0.01 Lots 1:30 -
Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC.
Instruments Regulator Platforms CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA WebTrader, App Min. Deposit Min. Trade Leverage $100 Variable 1:30
Pepperstone
XTB
FXPro
eToro
BlackBull Markets
Vantage FX
Plus500Safety Comparison
Compare how safe the Gasoline are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✘ | ✔ | |
| XTB | ✔ | ✔ | ✔ | ✔ | |
| FXPro | ✔ | ✔ | ✘ | ✔ | |
| eToro | ✔ | ✔ | ✘ | ✔ | |
| BlackBull Markets | ✘ | ✔ | ✘ | ✔ | |
| Vantage FX | ✔ | ✔ | ✘ | ✔ | |
| Plus500 | ✔ | ✔ | ✔ | ✔ |
Payments Comparison
Compare which popular payment methods the Gasoline support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| Pepperstone | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |
| XTB | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| FXPro | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| eToro | ✔ | ✔ | ✘ | ✔ | ✔ | ✘ |
| BlackBull Markets | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Vantage FX | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Plus500 | ✔ | ✔ | ✔ | ✘ | ✔ | ✔ |
Mobile Trading Comparison
How good are the Gasoline at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| Pepperstone | iOS & Android | ✘ | ||
| XTB | iOS & Android | ✔ | ||
| FXPro | iOS & Android | ✘ | ||
| eToro | iOS & Android | ✘ | ||
| BlackBull Markets | iOS & Android | ✘ | ||
| Vantage FX | iOS & Android | ✘ | ||
| Plus500 | iOS, Android & Windows | ✘ |
Beginners Comparison
Are the Gasoline good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| Pepperstone | ✔ | $0 | 0.01 Lots | ||
| XTB | ✔ | $0 | 0.01 Lots | ||
| FXPro | ✔ | $100 | 0.01 Lots | ||
| eToro | ✔ | $50 | $10 | ||
| BlackBull Markets | ✔ | $0 | 0.01 Lots | ||
| Vantage FX | ✔ | $50 | 0.01 Lots | ||
| Plus500 | ✔ | $100 | Variable |
Advanced Trading Comparison
Do the Gasoline offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| Pepperstone | Expert Advisors (EAs) on MetaTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✔ | ✔ | ✘ |
| XTB | Open API | ✔ | 1:30 | ✘ | ✘ | ✔ | ✘ |
| FXPro | Expert Advisors (EAs) on MetaTrader, cBots on cTrader | ✔ | 1:30 (Retail), 1:500 (Pro) | ✔ | ✘ | ✔ | ✘ |
| eToro | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | ✘ | 1:30 | ✘ | ✔ | ✘ | ✔ |
| BlackBull Markets | Expert Advisors (EAs) on MetaTrader, cTrader Automate | ✘ | 1:500 | ✔ | ✘ | ✔ | ✘ |
| Vantage FX | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 | ✔ | ✘ | ✘ | ✘ |
| Plus500 | ✘ | ✘ | 1:30 | ✘ | ✘ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Gasoline.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| Pepperstone | |||||||||
| XTB | |||||||||
| FXPro | |||||||||
| eToro | |||||||||
| BlackBull Markets | |||||||||
| Vantage FX | |||||||||
| Plus500 |
Our Take On Pepperstone
"Pepperstone is a premier trading platform, providing tight spreads, swift execution, and sophisticated charting tools for seasoned traders. Beginners benefit from no minimum deposit, comprehensive learning materials, and outstanding 24/7 support."
Tobias Robinson
Reviewer
Pros
- Pepperstone presents itself as an economical choice for traders, offering spreads as low as 0.0 in its Razor account. The Active Trader programme provides rebates up to 30% on indices and commodities, plus $3 per lot on forex.
- Pepperstone offers rapid execution speeds of approximately 30ms, enabling swift order processing and execution, making it ideal for traders.
- The award-winning customer support can be accessed through phone, email, or live chat. During tests, response times have consistently been under 5 minutes.
Cons
- Pepperstone doesn't offer cTrader Copy, a favoured feature for copying trades found in the cTrader platform, which is available on other platforms such as IC Markets. However, Pepperstone has launched its own user-friendly copy trading app.
- Although its market range has improved, its crypto offerings remain limited compared to brokers specialising in this sector, lacking real coin investment options.
- Pepperstone's demo accounts expire after 30 days, which may not provide sufficient time to explore various platforms and evaluate trading strategies.
Our Take On XTB
"XTB emerges as an ideal option for novice traders, offering the impressive xStation platform, zero commission pricing, no required minimum deposit, and outstanding educational resources, many of which are conveniently integrated into the platform."
Pros
- XTB has raised its interest rate on uninvested funds and introduced zero-fee ISAs for UK clients, offering access to 3,000 stocks and 700 ETFs for diverse investment opportunities.
- Top-notch customer support, available 24/5, includes a welcoming live chat with response times under two minutes during tests.
- Setting up an XTB account is straightforward and fully online, requiring only a few minutes. This simplicity eases new traders into the world of trading.
Cons
- XTB lacks a raw spread account, a feature increasingly offered by competitors such as Pepperstone. This omission might not satisfy traders seeking the most competitive spreads.
- Trading fees are competitive, with average EUR/USD spreads of about 1 pip. However, they are not as low as the most affordable brokers, such as IC Markets. Additionally, an inactivity fee applies after a year.
- It is frustrating that XTB products do not allow traders to modify the default leverage level. Manually adjusting leverage can greatly reduce risk in forex and CFD trading.
Our Take On FXPro
"FxPro is an excellent choice for traders, offering swift execution speeds under 12ms, reduced fees since 2022, and outstanding charting platforms like MT4, MT5, cTrader, and FxPro Edge."
Pros
- FxPro provides four dependable charting platforms, including the user-friendly FxPro Edge. It features more than 50 indicators, 7 types of charts, and 15 different timeframes.
- FxPro uses a 'No Dealing Desk' (NDD) model for swift and transparent order execution, usually within 12 milliseconds, making it well-suited for short-term trading strategies.
- FxPro's Wallet is a notable feature enabling traders to securely manage their funds. It ensures additional protection and ease by separating unused funds from active trading accounts.
Cons
- FxPro offers customer support five days a week around the clock, accessible via various platforms, and the service quality is reliable based on tests. However, the absence of weekend support can be a drawback for traders requiring help beyond standard market times.
- There are no passive investment options such as copy trading or interest on cash. While traders might not find these essential, competitors like eToro, which accommodate both active and passive investors, offer more extensive services.
- FxPro, with its $10M funded demo account and expanding Knowledge Hub, mainly caters to experienced traders. Beginners might find its account and fee structure challenging to understand.
Our Take On eToro
"eToro's social trading platform excels with its outstanding user experience and lively community chat, aiding beginners in spotting opportunities. It offers competitive fees on numerous CFDs and real stocks, alongside exceptional rewards for seasoned strategists."
Pros
- The broker offers excellent services for beginners, featuring commission-free stock trading, a low minimum deposit, and an unlimited demo account.
- eToro has launched automated crypto staking, offering a pathway to passive income. However, Ethereum requires users to opt in.
- In 2025, eToro altered its fee structure by separating crypto trading fees from the spread. A distinct commission is now listed separately, providing traders with increased transparency while maintaining consistent overall costs.
Cons
- The minimum withdrawal is set at $30, accompanied by a $5 fee. This may impact traders with limited funds, particularly those just starting out.
- There are no assured stop-loss orders, which could be a valuable risk management tool for novice traders.
- The absence of extra charting platforms such as MT4 may deter experienced traders who rely on external software.
Our Take On BlackBull Markets
"Following the upgrade to Equinix servers in New York, London, and Tokyo, BlackBull has reduced latency, making it a clear choice for stock CFD trading using ECN pricing."
Pros
- BlackBulls's research excels, particularly in the daily 'Trading Opportunities' articles. These publications simplify complex market dynamics into clear insights, enabling traders to effectively capitalise on emerging trends.
- BlackBull provides three ECN-powered accounts—Standard, Prime, and Institutional—to cater to traders of all experience levels, from novices to seasoned professionals. The variety of account types allows for flexible options tailored to individual trading needs and available capital.
- BlackBull provides everything a trader needs: execution speeds under 100ms, leverage as high as 1:500, and competitive spreads starting at 0.0 pips.
Cons
- Unlike many leading brokers, BlackBull imposes a bothersome $5 fee for withdrawals. This charge can reduce the overall cost-effectiveness, particularly for traders who regularly transfer funds.
- BlackBull does not offer its own trading platform, instead utilising MetaTrader, cTrader, and TradingView. Although these platforms are highly regarded, some brokers, such as eToro, provide proprietary platforms with distinct features that cater well to novice traders.
- Despite enhancements such as webinars and tutorials in the Education Hub, our review indicates that the courses still require greater emphasis on elucidating broader economic factors affecting prices.
Our Take On Vantage FX
"Vantage is an ideal choice for CFD traders looking for a well-regulated broker with access to the dependable MetaTrader platforms. With a swift sign-up process and a minimum deposit of $50, starting trading is simple and fast."
Pros
- The broker recently expanded its range of CFDs, offering more trading opportunities.
- Vantage has enhanced its trading tools for experienced traders, introducing AutoFibo EA to pinpoint potential market reversals.
- The trading software suite is outstanding, featuring the acclaimed MT4 and MT5 platforms.
Cons
- It's unfortunate that some clients must register with the offshore firm, which provides reduced regulatory safeguards.
- Based on tests, average execution speeds of 100ms to 250ms are slower compared to other options.
- Regrettably, cryptocurrencies are accessible solely to clients in Australia.
Our Take On Plus500
"Plus500 provides a seamless experience for traders with its CFD platform, featuring a sleek design and interactive charting. However, its research tools are basic, fees are higher than the most economical brokers, and its educational resources could be improved."
Pros
- The broker provides commission-free trading across a variety of markets, reducing extra charges and attracting experienced traders.
- Plus500 offers a dedicated WebTrader platform tailored specifically for CFD trading. It features a user-friendly and streamlined interface.
- Leverage can be used in trading both long and short positions, providing enhanced strategic opportunities.
Cons
- Compared to competitors like IG, Plus500 offers limited research and analysis tools.
- Plus500's omission of MetaTrader and cTrader charting tools may deter seasoned traders seeking familiar platforms.
- The lack of social trading features prevents users from copying trades made by seasoned traders.
Gasoline Trading Basics
RBOB gasoline (Reformulated Blendstock for Oxygenate Blending) is a fuel product which is manufactured by refining crude oil. As such, there is a strong correlation between gasoline and crude oil prices.
Gasoline is used primarily in transportation, including cars, motorbikes and aeroplanes, as well as fuel for farming, construction and forestry equipment. The United States is the world’s largest producer and consumer of gasoline. Other key suppliers are Middle Eastern countries such as Saudi Arabia and Iraq, as well as Russia, Canada and China.
Gasoline is commonly traded through derivatives such as futures and options via the New York Mercantile Exchange (NYMEX). You can also trade gasoline with online brokers using CFDs, as well as gasoline-related ETFs and stocks, such as ExxonMobil, BP and Shell.
The gasoline market can be volatile, with trading quotes impacted by crude oil, geo-political events, refining and distribution costs, and environmental concerns.
Gasoline Price Today
History & Production
In 1859, Edwin Drake discovered gasoline whilst distilling crude oil to produce kerosene. However, it was initially deemed a useless byproduct for several years. It wasn’t until the invention of the automobile in the 1890s that the widespread use of gasoline began. By 1920, 9 million road vehicles were fuelled by gasoline.
Gasoline is produced in oil refineries, which heat crude oil at various temperature points to separate it into various ‘fractions’ of component hydrocarbons. The boiling process produces gasoline as well as kerosene, diesel fuel and several other products. In the US, around 19 to 20 gallons of gasoline are produced from one 42-gallon barrel of crude oil.
Retail gasoline is sold in three grades: regular, midgrade and premium. These are determined by the octane levels which measure the resistance to combustion. Higher octane levels are more resistant which means the product is more stable and causes less wear and tear on a vehicle’s engine.
Largest Gasoline-Producing Countries
| Country | Volume (thousand barrels per day) |
|---|---|
| United States | 8,795.12 |
| Canada | 800.06 |
| Japan | 739.21 |
| Mexico | 550.32 |
| Germany | 445.52 |
| Australia | 273.61 |
| UK | 254.17 |
| South Korea | 227.98 |
| France | 210.43 |
| Italy | 167.67 |
Why Trade Gasoline?
Global events such as 9/11 and the COVID-19 pandemic have led to significant swings in the price of gasoline. For example, the impacts of the Ukraine War in 2021 caused an all-time high of £1.91 per litre. This has created trading opportunities at competitive brokers.
In recent years, fluctuations of 6% have caused volatile movements of £10 or more, compared to previous years. As such, speculation has become a key driver of market value. This can be attractive for retail traders with high-risk, high-reward strategies.
What Influences The Price Of Gasoline?
Crude Oil Prices
Crude oil constitutes around 65% of the value of gasoline, according to the US Energy Information Administration (EIA). The main factors that impact crude oil prices are the strength of the US dollar, political events, weather conditions, competition from renewable energy solutions, and the overall state of the economy.
Grade
Trading prices are often impacted by the performance of the three grades of gasoline, dependent on its octane levels (regular, midgrade, or premium).
For example, if there is a shortage of high-octane fuel, the gap between the price of regular and premium gasoline could widen.
Refining Costs
Known as the ‘refining spread’ or ‘crack spread’, these costs are the difference in the price of crude oil when it enters the refinery and when it leaves as gasoline.
In 2022, there was a unique scenario where gasoline retail quotes remained steady, despite crude oil prices falling. A review found that the refining spread was responsible for around 40% of this gap.
Distribution Costs
The cost of moving gasoline from its raw state to end customers makes up around 14% of the value of the product. This includes transporting gasoline to remote destinations, which can lead to higher prices.
Other costs include regulatory requirements in other jurisdictions, such as adding ethanol to the final product, as well as localised economic conditions, which can increase prices in wealthier areas.
Political Events
Political unrest in oil-producing countries can cause volatility in gasoline prices. For example, before the Russia-Ukraine war, Russia had been oversupplying its gasoline to Europe. However, Russia’s own requirement for supply during the war has led to an imbalance in the ratio of supply to demand.
Seasonal Patterns
Gasoline prices typically rise ahead of the summer months, when more cars are expected on the roads. Conversely in winter, prices usually fall in line with inclement weather conditions keeping cars off the roads.
How To Trade Gasoline
- Futures – Futures contracts are agreements to buy or sell gasoline at a specific price in the future. Investors can trade RBOB Gasoline Futures at the New York Mercantile Exchange as a hedge against the movements of crude oil.
- Options – The NYMEX also offers an options contract on gasoline futures. A successful options trade occurs when the future gasoline price finishes above the strike price, and the difference between the two is greater than the premium paid.
- Contracts For Difference (CFDs) – With CFDs, two parties exchange the difference between the buy and sell quotes of the gasoline contract. CFDs typically use margin, or leverage, to magnify position sizes. For example, CMC Markets offers spot gasoline CFDs with a minimum spread of 2.50 and a 10% margin.
- Shares – You can speculate on the stocks of companies involved in the extraction, production or distribution of gasoline, such as ExxonMobil, Shell or Chevron Corporation. Top brokers offering shares in such companies include IG Index.
- Exchange-Traded Funds (ETFs) – ETFs are baskets of shares that track a specific market. Currently, the only pure gasoline ETF is the United States Gasoline Fund LP, although many major brokers also offer broad energy-sector ETFs, such as the PowerShares DB Energy Fund.
Benefits Of Trading Gasoline
- Speculate on crude oil – Gasoline trading is strongly correlated with the performance of crude oil and can create exciting opportunities. Economic growth can lead to an imbalance of demand and supply for fossil fuels, and cause gasoline prices to rise.
- Geo-political events can increase prices – The Organisation of the Petroleum Exporting Countries (OPEC) often experience political instability which can create a bullish gasoline market. This makes gasoline trading particularly suited to those who enjoy fundamental analysis.
- Environmental concerns – Global warming events, such as hurricanes in the US, can disrupt the production of gasoline, causing prices to rise.
Risks Of Trading Gasoline
- Environmental and ethical concerns – There are moral challenges in speculating on increasing prices of gasoline, given its impact on pollution and global warming. This may lead to more competition for renewable energy solutions.
- Regulation – Governments recognising the environmental impact of gasoline can implement taxes to discourage demand. Gasoline is already heavily taxed in many jurisdictions, including the UK’s ‘fuel price escalator’ which was introduced in 1993.
- Weakened economies – Gasoline can be a risky market to trade during a global recession or economic downturn.
Comparing Gasoline Trading Brokers
- Available assets – Choose a broker with a good range of gasoline-related products, such as CFDs and gasoline company shares and ETFs.
- Fees – Compare the broker’s spreads and commissions on gasoline. For example, Plus500 offers a spread of 0.005 pips on RB Gasoline with zero commission.
- Trading platform – Ensure the broker’s platform suits your trading requirements. Most leading gasoline brokers offer MetaTrader 4 or MetaTrader 5, though some may also provide proprietary software, such as XTB and eToro.
- Market analysis – Access to real-time quotes, plus gasoline news and analysis will be advantageous for trading strategies. This may include news analysis of the OPEC or major importing nations.
- Regulation – Make sure the broker is regulated by a reputable agency. For example, the Financial Conduct Authority (FCA) regulates the top gasoline brokers in the UK, such as Pepperstone.
Trading Hours
Gasoline is virtually traded 24 hours a day on the New York Mercantile Exchange (NYMEX). Sessions run from Sunday to Friday, 6:00 pm – 5:00 pm ET (10:00 pm – 9:00 pm GMT), with a 60-minute break each day commencing at 5:00 pm ET (9:00 pm GMT).
Trading hours may vary slightly depending on gasoline brokers.
Bottom Line On Trading Gasoline
Gasoline trading is a popular way to speculate on crude oil prices and gain exposure to vital commodities via CFDs, futures, shares and ETFs. Geo-political events and environmental impacts can create an attractive market to trade but can equally increase risk. Consider our list of top gasoline brokers to get started.
FAQ
What Is Global Gasoline Trading?
Trading gasoline involves speculating on the price of the gasoline commodity (ticker: RB) through online brokers or directly through the commodity exchange. The gasoline market is impacted largely by crude oil prices, refining and distribution costs, geo-political events and seasonal patterns.
Is Gasoline Trading Profitable?
Gasoline trading creates opportunities to benefit from dramatic price swings. However, as with any form of online trading, profits are not guaranteed, and the risks can be significant. Always use appropriate risk management tools to protect your gasoline trades.
Where Can I Trade Gasoline?
Trading gasoline is primarily done through large commodity exchanges, such as the New York Mercantile Exchange (NYMEX), which specialises in futures and options contracts. Many retail traders prefer to use brokers such as Pepperstone or XTB, which offer a wider range of accessible derivative products, as well as shares and ETFs.
Is Gasoline A Tradable Commodity?
Gasoline is tradable in the futures and options market, where physical delivery of the product can be taken. Alternatively, traders can access gasoline-based products and derivatives such as CFDs or shares at many leading brokers.
Article Sources
Top Gasoline Producers By Country, 2021
Factors Affecting Gasoline Prices, EIA