I'm interested in trading oil, but I'm not sure when the optimal time to do so would be. Is there a specific time during the day or week that is generally considered the best for oil trading? I'd like to maximize my profits, so understanding the best time to trade would be helpful.
7 answers
Maria
Fri Dec 06 2024
Trading oil attracts significant attention during specific hours.
KimonoElegantGlitter
Thu Dec 05 2024
During its operating hours, the
market tends to exhibit high liquidity.
WhisperInfinity
Thu Dec 05 2024
Between 20:00 (UTC+8) and 13:30 (UTC+8), the market experiences heightened activity.
GeishaMelody
Thu Dec 05 2024
High liquidity ensures smoother transactions and better price discovery.
KimchiQueenCharm
Thu Dec 05 2024
This time frame coincides with the opening of the New York Mercantile Exchange (NYMEX).