Oil deals
Deal for the purchase of 100 barrels of oil (Brent British) is equivalent to (1 Lot), croaker is a unit that is measured by the quantity of each business tool, the oil-1 lot equals 100 barrels of oil.
Been buying when the market price of $ 90 a barrel.
Value of the deal:
110 $ X 100 = $ 11.000
This is the real market price of the deal.
Since the value of the margin requirement is 1% (financial lever at 1: 100)
You need $ 110 to open the deal instead of $ 11,000
1000 deal to buy a barrel of US crude oil, equivalent to 10 Lott.
Been buying when the market price of $ 75.
Value of the deal:
$ 75 X 1000 = $ 75.000
Since the value of the margin requirement is 1% (financial lever at 1: 100),
You need to $ 750 to open the deal instead of $ 75,000
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