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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

Heating Oil

(HOIL)

Heating Oil chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

  • Costs and details
  • Related markets

Minimum size 0.05

Contract size USD 4.20

One Pip means 0.01 cents per gallon

Value of one Pip USD 4.20 (GBP 3.35)

Margin 10%

Minimum stop distance 100

Minimum guaranteed stop distance 2.0%

10:00 - 09:00 (Australian - Melbourne Local Time)

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 14.29 Contracts - USD 10%
2 14.29 - 28.57 Contracts - USD 10%
3 28.57 - 42.86 Contracts - USD 10%
4 42.86 + Contracts - USD 10%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Expiry date 27/11/24

Last dealing date and time 28/11/24 06:30


Settlement


Settles based on the official closing price of the NYMEX Heating Oil future on the last dealing day +/- IG dealing spread.

Last rollover time 28/11/24 06:15


Rollover info


Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.

Why IG?

Gold spreads from just 0.3 points

Continuous, backdated commodity charting

Wide range of energies, metals and softs

Other positions taken by clients trading this market

Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.

This is calculated to the nearest 1%.

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1Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2023 Leveraged Trading Report.