A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for 1% Fuel Oil Cargoes FOB NWE (Platts) Crack Spread Futures. Today its technical rating is strong sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of 1% Fuel Oil Cargoes FOB NWE (Platts) Crack Spread Futures technicals for a more comprehensive analysis.
The current price of 1% Fuel Oil Cargoes FOB NWE (Platts) Crack Spread Futures is −9.261 USD — it has fallen 0.58% in the past 24 hours.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For 1% Fuel Oil Cargoes FOB NWE (Platts) Crack Spread Futures this number is 10.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for 1% Fuel Oil Cargoes FOB NWE (Platts) Crack Spread Futures shows that traders are closing their positions, which means a weakening trend.