Skip to content

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that 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 (SGD 5.57)

Margin 20%

Minimum stop distance 100

Minimum guaranteed stop distance 2.0%

07:00 - 06:00 (Singapore 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 20%
2 14.29 - 28.57 Contracts - USD 20%
3 28.57 - 42.86 Contracts - USD 20%
4 42.86 + Contracts - USD 20%

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 03:30


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 03:15


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%.

Discover opportunity in-platform

Discover opportunity in-app

Open a free, no-risk demo account to stay on top of commodity movement and important events.

Real-time charts

Analyse commodity price action on charts with live and historical data, available for as long as you need

Trading signals

Identify the right time to trade on commodities and more, with free technical signals

Three types of alert

Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions

Spot markets

Trade gold, silver and more with continuous charting and no monthly expiries

Real-time charts

Trading signals

Three types of alert

Spot markets

You might be interested in…

Gold spreads from 0.3 points, continuous charting and greater profit and loss transparency. Find out more about why you should trade commodities with IG.

Discover why so many clients choose us, and what makes us the world's No.1 provider of CFDs.1

Improve your trading skills by working through interactive courses on the IG Academy app.

1 Based on revenue (published financial statements, October 2022)