Is crude oil futures or spot?Is there a difference?What say normally fry crude oil and futures distinction in the end where?

Internationally, crude oil investment can be divided into spot investment and futures investment.

Futures trading is a form of centralized trading of standardized forward contracts.The ultimate goal is not the transfer of ownership of goods, but to avoid spot price risks by buying and selling futures contracts.Futures trading is developed on the basis of spot trading and is a new way of trading through the transaction of standardized futures contracts in futures exchanges.

Spot crude oil trading is mainly through buying short to achieve profits, that is, if the forecast of the future trend to rise, then buy many orders, and if the forecast to fall, sell empty orders, as long as the future trend and forecast direction is consistent, you can make profits, the shortest the whole process only a few minutes, everything depends on how to operate.

The differences between spot crude oil and futures crude oil are as follows:

1. Trading mechanism: futures crude oil refined oil: there is a shorting mechanism, two-way trading profit, up and down the market have profit opportunities.T+0 trading system.Multiple positions can be opened and closed on the same day, but there is a delivery date, which must be closed at maturity, otherwise it will be forced to close or to trade delivery.At the same time insufficient margin will be forced to close positions;Spot crude oil: shorting mechanism, two-way trading profits, up and down in the market have profit opportunities.T+0 trading system.The same day can open many times to close positions, no delivery restrictions, unlimited hold.But the margin will be forced to close out positions;
2. Trading funds: Futures Crude Oil: Margin trading, ranging from 8 to 12.5 times leverage;Spot crude oil: Margin trading, ranging from 20 to 33.3 times leverage
3. Trading hours: Futures Crude Oil: trading hours are 9:00 a.m. to 11:30 p.m. 1:30 p.m. to 3:00 p.m.Because the trading time is short and the nternational gold price is not in line, jump short phenomenon is frequent.Investors should not be the first to enter the market in the early stage.Easy to miss the opportunity to enter the game;Spot crude oil: following the European and American opening time daylight saving time and winter time, due to the time difference, the current domestic trading time is 07:00 to 05:00, 05:00 to 07 in Beijing time each trading day:00 is the closing time of the exchange. In November, it began to follow the winter trading time of the European and American markets. The opening and closing time will be delayed by 1 hour, which is 22 consecutive hours of trading.Can enter at any time of the market, the continuity of the price is more advantageous than futures.The most active trading period is between 20:00 and 02:00.
4. Rise limit: futures crude oil: according to the futures of different daily limit 3%-15%;Spot crude oil: no limit