Undoubtedly, the energy market has drawn attention this year, particularly since the outbreak of the Ukraine War in February, which resulted in Western sanctions against Russia, the largest energy exporter in Europe. In light of this, the uproar over European energy sources, or the lack thereof, is not only evidence of the sector’s importance but also of how recently the energy market has changed. What you need to know about this large sphere is as follows:
Trading of Energy Commodities
What Is Trading In Energy?
Trading of commodities and energy sources, such as crude oil (CL), Brent oil (EB), gasoline (RB), heating oil (HO), coal, electricity, and wind, is referred to as energy trading or commodity trading.