American crude oil and Brent crude oil are both important varieties in the world crude oil trading. American crude oil, as its name implies, is listed on the American exchange, while Brent crude oil is British and listed on the Brent exchange in the British North Sea. High-quality brokers, these two varieties are available, and investors are free to choose and trade freely.

The specific information of the US crude oil contract is as follows:

1. American the New York Mercantile Exchange variety with code Crude_oil (some brokerage trademarks are WTI);

2. Transaction currency: USD;

iii. trading hours: 8:-3:59 (the next day) and 5: 1-8: ;

fourth, the minimum price change: .1 USD;

v. contract quantity: 1 barrels;

VI. Profit and loss under fluctuation 1: USD 1;

VII. Margin ratio: 1%.

VIII. Spread: 3. Price fluctuation is .3 USD.

Brent crude oil contract information is as follows:

1. European Intercontinental Futures Exchange, code Brent_oil；;

2. Transaction currency: USD;

iii. trading time: 8:-5:59 (the next day);

fourth, the minimum price change: .1 USD;

v. contract quantity: 1 barrels;

VI. Profit and loss under fluctuation 1: USD 1;

VII. Margin ratio: 1%.

VIII. Spread: 4. Price fluctuation is .4 USD.

the differences between oil distribution and American crude oil are as follows:

1. Different trading places

Oil distribution

Brent crude oil is a crude oil futures contract of the London International Petroleum Exchange (IPE). Brent crude oil is produced in the Brent area of the North Atlantic, mainly processed and refined in northern Europe, and is the benchmark for crude oil pricing in northwest Europe, Africa and Asia.

American Oil

, also known as WTI crude oil, is a light crude oil in West Texas and a crude oil futures contract on the new york Mercantile Exchange (NYMEX). Texas light crude oil is the general oil in North America, and all the oil produced or sold in the United States is based on this as the pricing benchmark. Because of the influence of the United States, the international oil price generally refers to the American oil price.

second, the cost is different

American oil is mainly light crude oil from the Middle East, which is difficult to dig and has low cost.

The oil distribution comes from the North Sea, and the crude oil in the North Sea is excavated at sea, which is difficult and costly.

Third, the supply and demand factors are different

Brent crude oil output is gradually decreasing. In the case that the crude oil markets in Europe, the Middle East and Asia are all based on Brent crude oil, the huge market scale supports higher prices.

before the U.S. oil ban, U.S. crude oil was imported from the Middle East in large quantities, which resulted in high stocks and suppressed oil prices. Later, with the development of shale oil technology, the large increase in crude oil production also led to low oil prices.