Crude oil is one of the most actively traded commodities in the world today with the NYMEX light sweet crude oil futures contract being the world’s largest volume futures contract trading on a physical commodity.
Oil prices are volatile thus oil producers, traders and consumers are subject to the adverse price movements which could increase their cost and reduce their profits. This is why Energy Derivatives became increasingly popular risk management tools for many sectors of the industry since the 1970s.
Our online trading platforms also offer NYMEX mini-sized crude oil and ICE energy futures. This allows individuals as well as corporations to participate in the highly liquid and volatile energy market with just a click on your mouse. Mini-sized contracts are recommended for new traders who are beginning to invest in futures.
Energy Desk
Phone: +65 63343183
Fax: +65 65367367
Email: commodities@phillip.com.sg