UK Crude Oil


  • L. 7710.2
  • H. 7903.2
  • Ch. 35.0
  • Ch.% 0.45%
Costs & Margins
  • UK Crude Oil is City Index’s market based on the live price of Brent Crude, the world’s leading oil benchmark alongside WTI. It enables you to take your position on Brent Crude’s price movements, without needing an account with a futures broker.

    Brent Crude is oil that is drilled from North Sea fields. Like WTI, it is a light, sweet crude which means it is easily refinable and therefore sought after. Brent Crude makes up over half of the oil traded globally, and its futures are traded on the InterContinental Exchange (ICE) in London.

  • Margin From
    20.0 %
  • Trading Hours
    24 hours / day *
  • Min Trade Size
  • Long
  • Short
  • Min Stop Distance
    0.0 Points
  • Guaranteed Order Minimum
    12.0 Points
  • Guaranteed Order Premium
    8.0 units of quantity
  • Spreads
  • Spreads From
    1.5 Points
  • Margins
  • 0 +
    20.0 %
  • Dealing
  • Spreads
    1.5 Points
  • Guaranteed Order Min Distance
    12.0 Points
  • Margins
  • 0 +
    20.0 %

Pivot points
Pivot point
Last Updated: 12/4/2023 10:00:00 PM
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Commodities explained

How do I calculate how much margin I need to trade a commodity?

To work out how much margin you need to trade a commodity market, you divide the notional value of your position by its margin factor. Say, for example, that you want to open an oil position worth $5000 and oil has a margin factor of 10%. You’d need (10% of $5000) $500 as margin.

How you calculate the notional value of your trade depends on how you’re trading the commodity. With CFDs, it’s the number of contracts you’re trading multiplied by the value of each individual contract.

Learn more about how to trade commodities.

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Can anyone trade commodities?

Anyone can trade commodities, as long as they meet the requirements to open a City Index account. Commodity trading is leveraged, though, which means it’s riskier than traditional investing. Learn more about the risks of CFD trading.

With City Index, you can trade commodities alongside stocks, indices, forex and more – all on a single platform with one login. All City Index clients get access to our full range of markets, including 25+ commodities.

To get started, open a trading account.

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Is commodity trading good for beginners?

Commodity trading can be a good option for beginners, as long as you understand the risks involved and have a solid trading strategy in place. If you’re new to the markets, though, we’d recommend going through the City Index Academy and trying out trading risk-free in our free demo before opening a live account.

You can use your City Index demo to buy and sell our full range of markets, including commodities, with virtual capital. It’s a great way to see which asset classes are a good fit for you without risking any real capital.

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