If forex is the lubricant that keeps the cogs of global industry running smoothly, commodities like crude oil
are literally the fuel that powers it. Similar to other commodities, oil and gas are so vital to the functioning
of the global economy that their price movements are largely driven by supply and demand rather than just pure speculation.
Think about any country, any industry, any kind of economic activity; without the fuel that keeps everything moving modern civilization would be unthinkable.
And that’s not to forget the many industrial uses for petroleum products that don’t involve fuel.
Trading involves significant risk of loss