Buy price
89.553
89.553
89.513
Information regarding past performance is not a reliable indicator of future performance.
WTI settled near $104 on 30 Oct, its highest close in more than six weeks, and rose more than 15% this month for a fourth monthly gain in a row. Fears of renewed fighting around Iran and attacks on tankers near Hormuz keep a risk premium in prices.
The EIA publishes US inventory data every Wednesday and it moves prices in the short term.
Levels for 2 to 6 Nov: Support 101.4 and 99.0. Resistance 105 and 110.
Next catalyst: EIA inventory data on Wednesday and US-Iran headlines
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Market open
Crude Oil WTI
USOIL
89.533
Charging Schedule
| Day | Time | Buy | Sell |
|---|---|---|---|
| Mon | 22:00 | -0.0274% | -0.0137% |
| Tue | 22:00 | -0.0274% | -0.0137% |
| Wed | 22:00 | -0.0274% | -0.0137% |
| Thu | 22:00 | -0.0274% | -0.0137% |
| Fri | 22:00 | -0.0822% | -0.0411% |
| Sat | - | - | - |
| Sun | - | - | - |
FAQ
Crude oil WTI is a key benchmark for U.S. oil prices. On IQ Option, it's traded via CFDs, meaning you speculate on price changes without owning the actual oil. You can go long or short depending on your market outlook.
To trade oil on IQ Option, sign up, verify your account, fund your balance, and select WTI from the asset list. The platform offers intuitive tools, real-time charts, and customizable trade settings.
Trading WTI can be profitable in 2026 as oil remains volatile due to global demand shifts. On IQ Option, traders use short-term moves to seek profit, but success depends on timing, analysis, and risk control.
Oil prices are influenced by global demand, supply from OPEC, geopolitical tensions, U.S. stockpiles, and even weather. Traders on IQ Option follow economic news and oil reports to stay ahead.
WTI is U.S.-based and lighter in composition, while Brent is sourced from the North Sea and used as a global benchmark. On IQ Option, you can trade both based on their price movements and market trends.
Oil trading on IQ Option involves price volatility, leverage risk, and external factors like political news or production cuts. Always use stop-losses and trade only what you can afford to lose.
IQ Option is a user-friendly platform offering WTI trading with flexible investment sizes, real-time analysis tools, and fast execution. It’s suitable for both beginners and experienced traders.
You can trade oil on IQ Option with a $10 deposit and invest from just $1. Leverage lets you open larger positions, but it also raises your risk, so manage your trades wisely.