Trade US Crude Oil with LHFX
US Crude Oil (WTI) is the primary benchmark for North American oil pricing. Price movements are driven by US inventory data (EIA weekly report), OPEC+ production quotas, global demand outlook, and geopolitical supply risks. It is one of the most liquid commodity markets in the world.
USOil Price Chart
Live USOil Spread
Real-time market pricing
| Instrument | Bid | Ask | Spread |
|---|---|---|---|
WTI USOil | - | - | - |
Spreads are variable and sourced from the live market. Values shown are real-time.
Trading Conditions
Max Leverage
1:100
Commission
$3 per side
Platform
MetaTrader 5 + LHFX Trade
Execution
STP/ECN
Trading Hours
Sunday 5:00 PM - Friday 5:00 PM ET
About US Crude Oil
USOil (West Texas Intermediate, or WTI) is the North American benchmark for crude oil pricing. The WTI contract prices light sweet crude delivered to Cushing, Oklahoma, a major US pipeline hub. WTI is the underlying for the most actively traded oil futures contract in the world (NYMEX/CME).
WTI and Brent (UKOil) are the two dominant global oil benchmarks. WTI typically trades at a small discount to Brent when North American supply is robust; the discount widens when US shale production grows faster than export capacity. The WTI-Brent spread is a tradable variable that reflects US-versus-global supply-demand dynamics.
At LHFX you trade WTI as a CFD on the USOil pair. You profit or lose based on WTI's spot-price movement, can go long or short, and have leverage up to 1:100 available.
WTI moves are dominated by US-specific supply data (the EIA weekly Wednesday inventory report is the single most reliable scheduled volatility event), US shale production trends, and OPEC+ decisions that affect global price levels.
What moves USOil
- 01US EIA weekly inventory report (Wednesday 10:30 AM ET). The single most reliable scheduled WTI volatility event. Crude oil, gasoline, and distillate stock builds or draws move WTI 1 to 3% within minutes of release.
- 02OPEC+ production decisions. Even though WTI is a North American benchmark, OPEC+ output decisions set the global price level that WTI prices relative to. Cartel cuts lift both Brent and WTI.
- 03US shale production trends. Major US producers (Pioneer, EOG, Diamondback, Devon) report quarterly. Production-discipline statements (capital expenditure cuts, slower growth) are bullish for WTI; aggressive growth is bearish.
- 04Refining capacity and crack spreads. Refinery utilisation and product margins (gasoline crack, diesel crack) drive crude demand. Hurricane-season refinery shutdowns can disrupt the US supply chain and move WTI sharply.
- 05Strategic Petroleum Reserve (SPR) activity. The US SPR is currently at historically low levels. Refilling the SPR is structurally bullish for WTI; further drawdowns would be bearish but constrained by current low levels.
How to trade USOil at LHFX
Open an LHFX account, fund it, and add USOil to your MT5 Market Watch. Spreads on WTI are tight during US trading hours. Commission is $3 per side; leverage up to 1:100.
WTI volatility is high, similar to Brent. Daily 2 to 4% moves are routine; 5%-plus days happen on EIA surprises, hurricane events, OPEC+ news, and major geopolitical shocks.
Size your position to your account. A 5% adverse WTI move should cost no more than 2 to 3% of your account.
The Wednesday 10:30 AM ET EIA inventory report is the highest-probability volatility event in any given week. Many traders close positions ahead of EIA and reopen after the release, particularly during low-conviction setups.
Set a stop loss before entry. WTI gaps on weekends during major geopolitical events.
Worked example. On a $1,000 account at $75 WTI, opening 0.1 lots of USOil (100 barrels exposure, $7,500 notional) requires roughly $75 in margin at 1:100. A 5% adverse move costs $375, or 37% of account. Size down to 0.02 lots ($75 risk on a 5% move, or 7.5% of account). For a 2% risk budget, scale to under 0.01 lots.
Risks specific to USOil
WTI volatility is high. Two specific risk factors. First, EIA-report tail risk: surprise builds or draws have produced 5 to 7% single-bar moves on multiple occasions, faster than most stop-loss strategies can react. Sizing down ahead of Wednesday's release is the standard mitigation. Second, geopolitical gap risk: WTI is less weekend-gap sensitive than Brent (Middle East tension drives Brent more directly), but US-specific events (sanctions on Iranian or Venezuelan oil, major pipeline disruptions, hurricane landfall) can produce sharp moves.
Mitigations. Start at effective leverage of 1:10 or below. Stop loss on every position. Size down ahead of EIA releases and OPEC+ meetings. Watch the WTI-Brent spread; sudden divergence indicates US-specific stress that can persist.
Frequently asked questions about USOil
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