: Represents 100 barrels (1/10th the size). This is ideal for beginners as it requires significantly less margin and capital. 3. Place and Manage Your Trade
: Most retail platforms do not allow physical delivery. You must "roll" your position into the next month or close it before the expiration date to avoid being legally obligated to receive actual barrels of oil. how do you buy oil futures
: Use Market orders for immediate execution, or Limit orders to buy at a specific price. : Represents 100 barrels (1/10th the size)