Online broker eToro is expanding its commodities range with eight new additions.
The new futures available to trade include:
- $GasOil.FUT: A refined petroleum product, crucial for heating and transport, meeting low sulfur environmental standards.
- $POWER.FUT: Tracks electricity prices in Germany, a benchmark for European energy trading.
- $UKNatGas.FUT: Priced at the National Balancing Point, a major reference for European gas markets.
- $CANOLA.FUT: A vital oilseed crop used globally for cooking oil and animal feed, heavily influenced by Canadian production.
- $COAL.FUT: Essential for electricity generation, with futures aiding in price risk management amid environmental shifts.
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