Wikitoro author Mike Druttman Written by Mike Druttman
Wikitoro fact checker Nick Zelver Fact checked by Nick Zelver
Updated Mar, 2024


Oil, a non-renewable resource, is a significant and volatile commodity due to its finite global supply and fluctuating demand. As oil prices rise, investing in this precious commodity can be a lucrative opportunity. eToro's trading platform offers the chance to trade oil, and I've prepared a detailed guide to help you navigate this. Additionally, I'll share personal insights that might prove beneficial.

Trade Crude Oil!

51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.


Trading Crude Oil via CFDs

On eToro, trading in oil means dealing with Contracts for Difference (CFDs), not owning the physical commodity. The allure of CFD trading lies in its ability to speculate on market movements without the need for physical possession or storage of the commodity.


Why I Prefer Trading Crude Oil on eToro

Having traded oil on eToro on multiple occasions, I've observed several advantages:

  • User-friendly interface: The platform is intuitive and easy to navigate.
  • Flexible trading schedule: Trade according to your own timing and convenience.
  • No transaction fees on commodity trades: This allows for more cost-effective trading.
  • Leverage: This feature enables opening larger positions with a smaller capital commitment, enhancing potential gains.


The Crude Oil Asset Page on eToro

Accessing the crude oil asset page on eToro directs you to the Overview section, which serves as a comprehensive hub. Here, you'll find several key elements:

  • Graph: Displays the asset's performance over time.
  • About: Provides brief information about crude oil.
  • Latest News: Offers the most recent updates related to crude oil, curated by CityFALCON.
  • People Also Bought: Suggests other eToro commodities currently popular among traders.
  • Copy Investors: Lists top-performing traders in the crude oil market. You can easily copy their trades by clicking the "Copy" button, leading you to the copy trading window.
  • Discussions: A space for trader interactions and conversations about crude oil. You can filter to view top or all discussions, and engage by liking, commenting, or sharing posts.
eToro Crude Oil trading page
eToro Crude Oil trading page


Useful Tools for Trading

What sets eToro apart are the integrated tools that enhance trading experience:

  • Chart: Offers a live chart for the asset, customizable from 1-minute to 1-week intervals.
  • News and Sentiment Trends: Stay updated with the latest commodity news from CityFALCON. It includes sentiment analysis, indicating if the news mood is positive, negative, or neutral. The Sentiment Trends section quantifies market sentiment over 30 days, showing daily average sentiments and top stories.


Trading Crude Oil on eToro

To trade, simply search for the crude oil asset, select "BUY" or "SELL", enter your investment amount, set your trade preferences, and execute the trade.

Buying Crude Oil on eToro
Buying Crude Oil on eToro



That's everything you need to know about trading crude oil on eToro, whether using the web platform or mobile app. Remember these insights and apply them strategically in your online trading journey.


eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Wikitoro author Mike Druttman About Mike Druttman

Mike Druttman, Head of Content at, has decades of expertise in marketing communications and business matching. Educated at the CAM Foundation and the Chartered Institute of Marketing, Mike has collaborated with businesses from the UK to Japan. He founded KEYZUNA, bridging Japanese businesses with global innovations. With a diverse background spanning high-tech to hospitality, Mike's articles at Wikitoro reflect his vast knowledge and unique perspective.

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