Trading crude oil futures remain sensitive to global demand forecasts, with IEA raising its 2024 oil demand growth outlook to 2.2 million bpd. This revision has pushed October contracts higher, supported by increased refinery throughput in Asia. Oil and gas industry participants interviewed in the Dallas Fed's survey said conditions are getting worse. TradeStation caters to active and advanced traders who want robust analysis tools, customizable strategies and direct access to futures markets. Its powerful desktop platform and competitive pricing on standard and micro crude oil futures enable users to develop, test and execute sophisticated trading approaches. OPEC+ production discipline remains a key driver for trading crude oil futures. July compliance rates came in at 97%, supporting a floor under prices. Fund managers focusing on commodities note that energy sector capital flows have outpaced metals in the past two weeks, potentially signaling sustained investor interest.
