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GCC Brokers Limited is regulated by the Financial Services Commission of Mauritius, registration no. C193243.


GCC Brokers Limited Representative Office is registered in the United Arab Emirates, license no. 1202392.

Risk Warning

Trading FX and CFDs on leverage carries significant risk and may not be suitable for all investors. You may lose more than your initial deposit. Consider your financial situation and seek independent advice before trading.

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GCC Brokers Limited does not offer services to residents of the United States or jurisdictions on the FATF and EU/UN sanctions lists.

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Commodities

USOIL

WTI Crude Oil — the global benchmark for US oil prices and one of the most actively traded commodities in the world.

USOIL Live Price

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Trading Specifications

USOIL Specs

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About USOIL (WTI Crude)

USOIL represents West Texas Intermediate (WTI) crude oil, the primary benchmark for US oil pricing. WTI is a light, sweet crude oil delivered at Cushing, Oklahoma, and is one of the two most-referenced oil benchmarks globally alongside Brent crude. Oil markets trade over $100 billion in daily volume.

Crude oil prices are driven by a complex mix of supply and demand factors: OPEC+ production decisions, US shale output, global economic growth, seasonal demand patterns, geopolitical tensions in oil-producing regions, and strategic petroleum reserve releases. Oil is also sensitive to US dollar strength, as it is priced in USD globally.

At GCC Brokers, USOIL is traded as a CFD with full STP execution. You can go long or short without physical delivery. Oil CFDs are popular among traders in the Gulf region who follow energy markets closely.

Common Questions

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Related Instruments

UKOILNGAS

Trade WTI crude oil with GCC Brokers

Go long or short on USOIL with STP execution and no dealing desk. Cash-settled, no physical delivery.

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