Wikitoro author Nadav Zelver
Written by Nadav Zelver
Wikitoro reviewer Mike Druttman
Reviewed by Mike Druttman

 

On eToro, the trading hours for crude oil are as follows: The market opens at 17:00 on Sunday and closes at 15:30 on Friday, in the USA Central Time Zone (GMT -6:00). Additionally, there is a daily break in trading from 16:00 to 17:00 each day.

Trading hours are more than just numbers; they form the cornerstone of my strategy. They influence not only my profits but also my daily routine and sleep pattern. Trading crude oil on eToro means aligning with the global oil markets and their dynamic movements.

Each morning, with my coffee in hand, I log into eToro. I've noticed that crude oil, like gold, has specific trading hours that reflect the major global oil markets. Weekdays are active, while weekends are quieter, offering a chance for research and strategy development.

 

Decoding eToro's Crude Oil Trading Hours

As an experienced trader on this platform, I understand that its trading hours for crude oil are shaped by key markets from New York to Dubai. However, I've also encountered surprises like maintenance breaks or global events that alter the typical trading schedule. This insight comes with experience.

 

Peak Hours: The Oil Rush

During peak hours, liquidity is high. The swift price changes can be daunting for beginners, but they provide an exhilarating experience for seasoned traders. More buyers and sellers mean faster trades and potentially more profitable transactions.

 

The Same Trading Schedule for Various Commodities

My research on eToro's crude oil trading hours revealed that several other commodities follow the same schedule. These include:

  • Silver
  • Copper
  • Palladium
  • Gasoline
  • Heating oil

All these commodities, like crude oil, operate from 17:00 on Sunday to 15:30 on Friday, Central Time Zone (GMT -6:00), with a daily pause from 16:00 to 17:00.

 

Personal Tips for Aspiring Crude Oil Traders

Drawing from my experience in trading oil with this broker, here are some key tips:

  • Stay abreast of global events; they can significantly impact oil prices.
  • Leverage eToro’s tools, particularly for time conversion.
  • Keep an eye on eToro's notifications – they can be a goldmine of information.
  • Embrace the volatility during peak hours, but be ready for quick market changes.
Wikitoro author Nadav Zelver About Nadav Zelver

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