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It's rather interesting to trade commodities with CFD(no physical product delivery), because it involved different kind of risk. To buy oil, even if you earn money for oil price going UP, but we will have to pay for the overnight swaps. If we sell oil, it's the other way round. Even if we lose the value, but we're making profit on the over night swaps, especially during weekends, triple pay yo. We will come back to this part on our following episode.
Here's a glimpse of what is happening right now at this moment, if you have the APP, login and you'll see it sitting there. The actual profit is only $1.40, but the over night interest since Thursday, Friday, Saturday and Sunday are now 6.21. After commission, that made up of $7.57 in total.
RE: A lengthy explanation of my crude oil view