For example; in the recent period, oil prices are decrease and the reason was the oil surplus and so many manufacturing countries affected by negatively because of this cause. Saudi Arabia is the biggest oil manufacturer in the world but they were even effected by this and also Azerbaijan borrowed oil first time in their history. Russia fall into a financial crisis because of decreasing oil prices and being a reason of decrease, importer countries’ manufacturing cost. The best example is Turkey for this situation. Our country's current deficit was decrease and decreaing oil prices are benefit for our economy.
Oil is a big part of our lives so most important for trading. Especially, in the last period economic operators focused oil trading because they want to benefit price volatility. Increasing oil volume affected other products’ prices. Oil trading is easy in Forex market. Different types of oil traded in AHL Forex platform.
Two of the major classifications for crude oil are US Oil, commonly referred to as West Texas Intermediate (WTI) and UK Oil, or Brent Blend. Oil types have differentiation factors are quality and price but all of them as same and their trading is high volume. In during the day, a lot of news, political, economic progress affected oil prices and our investors easly trades oil products in AHL Forex platform. Investors can trade both profit-oriented transaciton and hedging transaction at AHL Forex platform. For example, increasing oil supply the reason of decreasing oil price and investor foresee prices countiune to decrease can sell oil easly at AHL forex platform. If investors expectation comes true, investors make a profit this transaction while decreasing oil prices. Also, oil prices are important for your manufacturing cost or you want to self protection increasing cost even you are oil trader you can hedge transaction at AHL forex platform.
All of time, you can follow the news about oil prices with our Forex experts. When starting the day, during the day and end of the they you can take financial analysis reports from our research depertmant.