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Prices are our trading platform's bid for UKOIL. Times are server time, New York + 7 hours (GMT+3 now). Past performance is not a reliable indicator of future results.
The spread when you open, shown live above, and a swap for each night the position stays open. Spreads widen around news and at low liquidity.
Read from our trading platform daily. The specification in MetaTrader 5 always prevails.
Daily break 00:00–03:00.
Server time is New York time + 7 hours.
The change in each calendar month, from our platform's month-end closing prices (bid). Our history for this instrument starts in November 2021.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +14.41% | +4.91% | +40.07% | +7.82% | −17.11% | −19.67% | +22.23% | +0.75% | +7.96% | +14.92% | ||
| 2025 | +3.44% | −5.57% | +2.22% | −17.61% | +2.07% | +6.92% | +7.34% | −6.28% | −3.03% | −2.28% | −1.83% | −3.87% |
| 2024 | +4.70% | +1.79% | +6.02% | −1.15% | −5.33% | +4.32% | −3.97% | −5.51% | −6.66% | +3.11% | −2.57% | +4.27% |
| 2023 | −0.48% | −2.79% | −3.90% | +0.40% | −10.05% | +4.20% | +13.55% | +1.71% | +5.96% | −7.15% | −5.75% | −4.41% |
| 2022 | +14.62% | +9.88% | +7.56% | +1.01% | +9.17% | −6.15% | −5.55% | −8.34% | −9.97% | +8.48% | −6.02% | −1.03% |
| 2021 | −16.28% | +11.11% | ||||||||||
| Average | +7.34% | +1.64% | +10.39% | −1.91% | −4.25% | −2.08% | +6.72% | −3.53% | −1.15% | +0.54% | −6.49% | +1.21% |
| Months higher | 4/5 | 3/5 | 4/5 | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 2/5 | 2/4 | 0/5 | 2/5 |
Month to date · Past performance is not a reliable indicator of future results.
Zawya · Oct 23, 12:01
OilPrice.com · Oct 23, 08:33
OilPrice.com · Oct 22, 20:30
Zawya · Oct 21, 07:21
CoinDesk · Oct 20, 12:32
OilPrice.com · Oct 20, 07:56
Headlines from other publishers, linked to the original article. They are not written or endorsed by GCC Brokers.
Durable Goods Orders MoMUSD
Oct 27, 15:30 · Forecast 0.6% · Previous 0%
Fed Interest Rate DecisionUSD
Oct 28, 21:00 · Forecast 4% · Previous 4%
Fed Press ConferenceUSD
Oct 28, 21:30
Core PCE Price Index MoMUSD
Oct 29, 15:30 · Forecast 0.3% · Previous 0.2%
GDP Growth Rate QoQ AdvUSD
Oct 29, 15:30 · Forecast 3% · Previous 2.2%
Personal Income MoMUSD
Oct 29, 15:30 · Forecast 0.3% · Previous 0.2%
High-impact releases for USD over the next 7 days, in server time (GMT+3). Dots on the 1D and 5D charts mark recent releases.
UKOIL represents Brent Crude Oil spot prices, one of the world's most actively traded energy commodities. With daily trading volumes exceeding 2 million barrels, Brent crude serves as the global benchmark for crude oil pricing and underpins energy markets across Europe, Asia, and beyond. The instrument reflects real-time supply and demand dynamics in the global oil market, making it a critical asset for traders and energy market participants.
UKOIL prices are driven by geopolitical events, OPEC production decisions, US inventory data, macroeconomic growth expectations, and currency fluctuations—particularly USD strength. Weather disruptions, refinery capacity changes, and global energy policy shifts also exert significant influence. Traders monitor EIA reports, geopolitical tensions, and seasonal demand patterns to anticipate price movements.
At GCC Brokers, UKOIL is offered with automatic execution and no manual intervention. Trade on our Zero or Standard accounts with variable spreads and flexible leverage on commodities.
At GCC Brokers, UKOIL trades Monday to Friday following the ICE Brent market, with a short daily break; the exact hours, in server time, are in the specifications above.
Spreads are variable and depend on market conditions and your account. Standard and Pro have no commission, and Pro has tighter spreads; Zero has raw spreads plus a commission. The live spread is shown on this page.
UKOIL prices are influenced by OPEC production cuts or increases, US crude inventory reports (EIA), geopolitical tensions in oil-producing regions, global economic growth forecasts, and US dollar strength. Seasonal demand patterns and refinery maintenance schedules also play significant roles in short-term and medium-term price movements.
UKOIL carries a fixed margin rate, shown on this page and on the Margin schedule page; it stays the same whatever your account leverage. Leverage amplifies both gains and losses, so size positions carefully.
UKOIL suits both strategies. Day traders benefit from intraday volatility driven by economic data and headlines, while swing and position traders can capitalize on longer-term trends tied to geopolitical events and OPEC decisions. Your trading style, risk capital, and market outlook should guide your approach.
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Prices stream from our trading platform. Pro and Zero accounts are priced differently; see trading costs below.
