We found 11 online brokers that are appropriate for Trading Oil Investment Platforms.
Most of the significant oil-consuming countries have high per capita consumption. The United States, a major oil-consuming country, consumes a considerable amount of oil daily. In comparison, China, the second-largest oil-consuming nation globally, consumes only about 1.2 million barrels of oil daily. Many theories exist on why the United States consumes so much oil, and these theories can be divided into domestic or international consumption. The domestic theory suggests that the United States has a large domestic oil-dependent economy that enables it to consume enormous oil daily, and this trend has been sustained over the past few decades. In contrast, the international theory indicates that many Middle Eastern countries that export oil to the United States support an enormous US demand for oil. Here are some of the highest oil-consuming countries.
The United States is by far the largest oil-consuming country in the world. Each year, the country uses a staggering amount of petroleum. The United States is currently using over 17% of the world's total petroleum consumption. This huge dependence has been the primary cause for the strained relationship between the US and its oil consumers. The consumer society has continually found ways to spend money however they choose, this being the primary means of purchasing things. Unfortunately, the demand-side of the economy often conflicts with the supply side, which means the government must deal with the resulting problems.
The demand-side of the US economy usually revolves around consumers. The consumer population is where oil producers and oil companies wait for their products to sell. When consumers are not buying the products they need, it's a struggle for them to produce the products to find new markets. Because the US is so dependent on oil consumption, if the country stops buying or turns down its oil supply, the supply chain will be affected, and oil prices will spike.
China is the largest oil producer globally, second only to the United States. China accounts for more oil production than the United States, Russia, Canada, and Japan combined. China's economy is growing very fast, and they are now the biggest consumers of oil in the world. Because of their huge market, China affects the oil prices that the rest of the world pays.
China's economy is developing rapidly and has created a middle class that is growing faster than any other country in the world. This high rate of economic growth has caused a rapid rise in the consumer price of oil. The increase in demand for oil makes the prices go up.
As an oil exporter, China can influence the global supply and demand for oil. If China decreases their oil consumption, not only does this affect the American economy, but it also affects the oil that the United States purchases. China manufactures a large percentage of the oil that the United States consumes. Since China manufactures most of the oil that the United States consumes, China can reduce their demand and directly impact oil prices.
Many Chinese consumers have become savvy when it comes to saving money. They have learned how to conserve and save. If China reduced its oil consumption, not only would this affect the American economy, but it would also affect the price of oil. By buying fewer dollars, consumers in China could help keep the price of oil down. Not only would this help consumers in China, but it would also help consumers all around the world who are concerned about their economy.
Japan is a technologically advanced economy. However, the country has one of the largest populations in the world. The Japanese consume many petroleum products, which makes Japan the biggest crude oil-consuming country in the world. Several factors have contributed to the high levels of petroleum consumption in Japan, and the country is a major exporter of oil and gas.
Japan is an important global economic partner, and it exports a large quantity of petroleum. It enables the country to have an inexpensive source of petroleum for its consumers. It has also developed technologically advanced automobiles, which further increase its dependency on petroleum products. In short, petroleum products play an important role in the economic stability of Japan.
Japan's consumers are also quite friendly to petroleum products. Nearly half of all Japanese individuals consider petroleum a necessity and not a luxury. Most of these consumers use diesel instead of gasoline cars. In addition, several Japanese consumers use other sources of energy, including geothermal power and wind power. These practices allow them to reduce their dependence on petroleum products.
India - the biggest country in South-East Asia, is a huge consumer of petroleum products and a major producer of crude oil. India is a huge consumer of petroleum products, most popularly in gasoline, diesel, kerosene, natural gas, and natural and allied products. The country exports more than a barrel of oil per day, mostly consumed within the country itself. Most of the oil consumed in the country is used for domestic consumption, while the remaining is used for export purposes. The country has a vast territory, with its various states, one after the other, all offering their flavour and style to the Indian oil.
The government of India has taken special initiatives to better the country's petroleum sector. It has granted numerous concessions and special tax rates to the oil consumers of the country. The policy provides several concessions and exemptions to the oil consumers of the country, who can avail them to purchase petroleum products at subsidised rates. It encourages more people to buy fuel, despite the high cost.
We have conducted extensive research and analysis on over multiple data points on Oil Consumers to present you with a comprehensive guide that can help you find the most suitable Oil Consumers. Below we shortlist what we think are the best Oil Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Oil Consumers.
Selecting a reliable and reputable online Oil Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Oil Investment Platforms more confidently.
Selecting the right online Oil Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Oil Investment Platforms trading, it's essential to compare the different options available to you. Our Oil Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Oil Investment Platforms broker that best suits your needs and preferences for Oil Investment Platforms. Our Oil Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Oil Investment Platforms.
Compare Oil Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Oil Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Oil Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Oil Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Oil Investment Platforms that accept Oil Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 935,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Oil Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Oil Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Oil Investment Platforms below.
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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
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