Excerpt from:  CFDs & Spread Bets
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April 23, 2008

Financial Spread Betting Strategy: Oil Prices

Placing spread bets on oil prices
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Financial spread betting strategy on oil prices should consider that they are pulling back a bit this morning. Yesterday, as the US dollar tanked against the euro in forex trading, oil prices nearly reached the $120 a barrel mark.

Today, however, the word is that most of the surging gains were speculative, and un-warranted. Oil prices are correcting, although they are still quite high, at just below $118 a barrel.

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Topic Tags:  euro forex trading, financial spread betting, forex trading, oil prices, placing spread bets, spread bets oil prices, spread betting, spread betting oil prices, spread betting strategy

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