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

When trading crude oil on eToro, the trading hours for this commodity follows the standard market hours, which 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.

Trade Crude Oil!

76% 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 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.

 

Understanding 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 the eToro 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.

 

Crude Oil Trading Tips

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.

 

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. 76% 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 Nick Zelver About Nick Zelver

Nick is the Senior Content Editor at Wikitoro.org with over 15 years in online marketing. A graduate of Toronto Metropolitan University, he has strategized for More Sales Inc. and led online sales at GlassesUSA.com. His journey through digital marketing, e-commerce, and account management has equipped him with a unique perspective. Every article he pens is infused with his real-world experiences, aiming to guide and inform readers.

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76% of retail investor accounts lose money