Ultima Markets provides clients with four different types of crude oil products.
1. Future WTI Crude Oil (CL-OIL) refers to West Texas Intermediate Crude Oil Futures, which is suitable for clients who trade U.S. oil on a long-term basis.
Another crude oil futures contract is UKOUSDft, which refers to Brent Crude Oil Futures and is primarily for clients who trade British oil on a long-term basis.
2. Spot WTI Crude Oil (USOUSD) refers to Spot West Texas Intermediate Crude Oil, which is suitable for clients who trade U.S. oil on a short-term basis.
Another spot crude oil contract is UKOUSD, which refers to Spot Brent Crude Oil and is primarily for clients who trade British oil on a short-term basis.
You can select the products that are most appropriate for you according to your trading strategy.
