Best Oil Futures Trading Brokers

An oil broker is an intermediary that arranges the purchasing and selling of a crude oil commodity. Typically an oil broker is a licensed security trader that either works directly at a market exchange or remotely via the Internet and telephone. These brokers can include a broker working for an energy company negotiating a higher sale price to an oil refinery or a broker working for a manufacturer who is negotiating a lower purchasing price as they purchase the refined oil for a company. Typically an oil broker will hold a Bachelor's degree at a minimum, but there are exceptions since this is not a requirement for licensing purposes.

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