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Home/Knowledge Base/Energy Commodities/What Are the Main Energy Commodities

What Are the Main Energy Commodities

5 views 0 March 11, 2024 louis72

With the exception of ethanol and some electricity generation, the most developed commodity trading markets are in non-renewable energy resources.

In addition to regulated and (mostly) liquid futures markets, traders can trade these commodities indirectly through products such as shares, exchange-traded funds (ETFs), and contracts-for-difference (CFDs).

Crude Oil Crude oil has different variations based on geography and physical characteristics: West Texas Intermediate (WTI), also known as light sweet crude, and Brent Crude are two of the most frequently traded varieties. $0.01 per barrel

NYMEX and ICE Gasoline Commodity markets trade a product known as Reformulated Blendstock for Oxygenate Blending (RBOB) gasoline. In the United States, about 47% of each barrel of crude oil goes to produce gasoline for cars and light-duty vehicles. $0.0001 per gallon

NYMEX Heating Oil This fuel is refined from crude oil and used to heat homes and businesses. In the United States, about 28% of each barrel of crude oil goes to produce distillates such as diesel fuel and heating oil. $0.0001 per gallon

NYMEX Coal Coal is a fossil fuel used mainly in power generation and steel production. $0.01 per ton ICE Futures Europe Natural Gas Natural gas is a fossil fuel used in electric power generation and in a variety of residential, commercial and industrial applications such as heating and refrigeration. $0.001 per million Btu NYMEX Electricity Electricity powers virtually every segment of the world economy. $0.05 per megawatt hours (MWh) NYMEX Ethanol Ethanol is used as a blending fuel with gasoline. $0.001 per gallon NYMEX Uranium Uranium is a radioactive metal used to produce nuclear energy. $0.05 per pound.

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