Pump Oil

NEW LOHER IMO FUEL OIL PUMP AHSK 955LM 02A 275 KW 3739 HP WITH IMO 3220 524 5
NEW LOHER IMO FUEL OIL PUMP AHSK 955LM 02A 275 KW 3739 HP WITH IMO 3220 524 5
Paypal   US $18,900.00
WOOSUNG VACUUM PUMP MVP540 RROTARY VANE OIL VACUUM PUMP WIITH MOTOR MVP 540 NIB
WOOSUNG VACUUM PUMP MVP540 RROTARY VANE OIL VACUUM PUMP WIITH MOTOR MVP 540 NIB
Paypal   US $10,932.00
Used Rietschle Oil Seal Vacuum Pump type VWZ402 16M
Used Rietschle Oil Seal Vacuum Pump type VWZ402 16M
   US $10,000.00
Used Rietschle oil seal vacuum pump Type VWZ402 15M
Used Rietschle oil seal vacuum pump Type VWZ402 15M
   US $10,000.00
Used Rietschle oil seal vacuum pump Type VWZ402 16M
Used Rietschle oil seal vacuum pump Type VWZ402 16M
   US $10,000.00
WOOSUNG VACUUM PUMP WSSR75K Oil Rotary Piston Vacuum Pump WSSR 75K NIB
WOOSUNG VACUUM PUMP WSSR75K Oil Rotary Piston Vacuum Pump WSSR 75K NIB
Paypal   US $9,536.00
WOOSUNG VACUUM PUMP MVP432 Rotary Vane Oil Vacuum Pump with Motor MVP 432 NIB
WOOSUNG VACUUM PUMP MVP432 Rotary Vane Oil Vacuum Pump with Motor MVP 432 NIB
Paypal   US $8,481.00
BOC EDWARDS XDS35I OIL FREE DRY SCROLL VACUUM PUMP
BOC EDWARDS XDS35I OIL FREE DRY SCROLL VACUUM PUMP
Paypal   US $6,999.99
WOOSUNG VACUUM PUMP WSSR45K Oil Rotary Piston Vacuum Pump WSSR 45K NIB
WOOSUNG VACUUM PUMP WSSR45K Oil Rotary Piston Vacuum Pump WSSR 45K NIB
Paypal   US $6,773.00
WOOSUNG VACUUM PUMP MVP324 Rotary Vane Oil Vacuum Pump with Motor MVP 324 NIB
WOOSUNG VACUUM PUMP MVP324 Rotary Vane Oil Vacuum Pump with Motor MVP 324 NIB
Paypal   US $6,351.00
Used Rietschle oil seal vacuum pump Type VL 100 03
Used Rietschle oil seal vacuum pump Type VL 100 03
   US $5,500.00
WOOSUNG VACUUM PUMP MVP216 Rotary Vane Oil Vacuum Pump with Motor MVP 216 NIB
WOOSUNG VACUUM PUMP MVP216 Rotary Vane Oil Vacuum Pump with Motor MVP 216 NIB
Paypal   US $5,349.00
VACUUM PUMP TRAVAINI DUAL TRH 32 45 PUMPS OIL SEAL SIHI NASH BECKER GAST
VACUUM PUMP TRAVAINI DUAL TRH 32 45 PUMPS OIL SEAL SIHI NASH BECKER GAST
Paypal   US $4,695.00
WOOSUNG VACUUM PUMP MVP144 Rotary Vane Oil Vacuum Pump with Motor MVP 144 NIB
WOOSUNG VACUUM PUMP MVP144 Rotary Vane Oil Vacuum Pump with Motor MVP 144 NIB
Paypal   US $4,011.00
ULVAC VACUUM PUMPING SYSTEM OIL ROTARY WITH 012 CM BOOSTER PUMP
ULVAC VACUUM PUMPING SYSTEM OIL ROTARY WITH 012 CM BOOSTER PUMP
Paypal   US $3,995.00
VARIAN SCROLL PTS 600 OIL FREE VACUUM PUMP
VARIAN SCROLL PTS 600 OIL FREE VACUUM PUMP
Paypal   US $3,800.00
Becker KVT 3140 Oil less Vacuum Pump
Becker KVT 3140 Oil less Vacuum Pump
Paypal   US $3,800.00
Vogel Oil Pump Motor Reservoir Assy MFE5 BW3
Vogel Oil Pump Motor Reservoir Assy MFE5 BW3
Paypal   US $3,499.99
Leybold EcoDry L Oil Free Vacuum Pump Eco Dry L
Leybold EcoDry L Oil Free Vacuum Pump Eco Dry L
Paypal   US $3,499.99
BOC Edwards XDS10 C 1 PHASE 115 120V Oil Free Dry Scroll Vacuum Pump XDS10C
BOC Edwards XDS10 C 1 PHASE 115 120V Oil Free Dry Scroll Vacuum Pump XDS10C
Paypal   US $2,999.99
Varian Model DVP 500 Oil Free Dry Vacuum Pump 1 HP 16 cfm
Varian Model DVP 500 Oil Free Dry Vacuum Pump 1 HP 16 cfm
Paypal   US $2,950.00
VOGEL MF E5 BW3 LUBE OIL PUMP LUBRICANT GEAR METERING MFE5BW3 OILER NEW
VOGEL MF E5 BW3 LUBE OIL PUMP LUBRICANT GEAR METERING MFE5BW3 OILER NEW
Paypal   US $2,899.99
WOOSUNG VACUUM PUMP MVP90 Rotary Vane Oil Vacuum Pump with Motor MVP 90 NIB
WOOSUNG VACUUM PUMP MVP90 Rotary Vane Oil Vacuum Pump with Motor MVP 90 NIB
Paypal   US $2,897.00
2010 EDWARDS EV 160 129 KG ROTARY VANE PUMP WITH SIEMENS MOTOR AND OIL FILTER
2010 EDWARDS EV 160 129 KG ROTARY VANE PUMP WITH SIEMENS MOTOR AND OIL FILTER
Paypal   US $2,750.00
Rietschle VAC FOX VC 100 VC100 21 Rotary Vane Vacuum Pump Fomblin Oil lubricated
Rietschle VAC FOX VC 100 VC100 21 Rotary Vane Vacuum Pump Fomblin Oil lubricated
Paypal   US $2,600.00
Tsurumi 4 11 HP Honda Engine Driven Trash Pump with Low Oil Sensor
Tsurumi 4 11 HP Honda Engine Driven Trash Pump with Low Oil Sensor
Paypal   US $2,553.87
ULVAC PKS 016 OIL ROTARY VACUUM PUMP REBUILT
ULVAC PKS 016 OIL ROTARY VACUUM PUMP REBUILT
Paypal   US $2,500.00
DELAVAL LUBE OIL PUMPUNUSED WITH 20 HP 440V MOTOR
DELAVAL LUBE OIL PUMPUNUSED WITH 20 HP 440V MOTOR
Paypal   US $2,500.00
Racine 30 HP Hydraulic Pump Power System w 70 Gallon Tank  Oil Cooler
Racine 30 HP Hydraulic Pump Power System w 70 Gallon Tank Oil Cooler
Paypal   US $2,499.99
VACUUM PUMP ULVAC OIL ROTARY PKS O3O
VACUUM PUMP ULVAC OIL ROTARY PKS O3O
Paypal   US $2,495.00
WOOSUNG VACCUM PUMP MVP60 Rotary Vane Oil Vacuum Pump with Motor MVP 60 NIB
WOOSUNG VACCUM PUMP MVP60 Rotary Vane Oil Vacuum Pump with Motor MVP 60 NIB
Paypal   US $2,229.00
Little Giant 2 HP Oil Sensing Sump System with Pump Overload 5 8 Amps 513396
Little Giant 2 HP Oil Sensing Sump System with Pump Overload 5 8 Amps 513396
Paypal   US $1,966.99
Little Giant 1HP Oil Sensing Sump System with Pump Overload 9 13 Amps 513393
Little Giant 1HP Oil Sensing Sump System with Pump Overload 9 13 Amps 513393
Paypal   US $1,966.99
Little Giant 1HP Oil Sensing Sump System with Pump Overload 7 10 Amps 513392
Little Giant 1HP Oil Sensing Sump System with Pump Overload 7 10 Amps 513392
Paypal   US $1,965.99
Little Giant 1HP 115 Volt Oil Sensing Sump System with Pump 513391
Little Giant 1HP 115 Volt Oil Sensing Sump System with Pump 513391
Paypal   US $1,965.99
Blackmer TXD 3 Pump Rotary Vane Pump Oil Truck Pump
Blackmer TXD 3 Pump Rotary Vane Pump Oil Truck Pump
Paypal   US $1,950.00
RIETSCHLE 75 HP VACUUM PUMP VTA 140 31 DRUVAC OIL FREE NEW VANES AND FILTERS
RIETSCHLE 75 HP VACUUM PUMP VTA 140 31 DRUVAC OIL FREE NEW VANES AND FILTERS
Paypal   US $1,950.00
New Honds Gas Powered Waste Vegetable Oil PumpWVOBiodiesel25 GPMSuction Wand
New Honds Gas Powered Waste Vegetable Oil PumpWVOBiodiesel25 GPMSuction Wand
Paypal   US $1,799.00
New Honda Gas Powered Waste Oil Pump 25 GPMHeatersBurnersStovesFurnaces
New Honda Gas Powered Waste Oil Pump 25 GPMHeatersBurnersStovesFurnaces
Paypal   US $1,799.00
New Honda Gas Powered Waste Used Oil Transfer PumpWVOBiodieselHeatersBurners
New Honda Gas Powered Waste Used Oil Transfer PumpWVOBiodieselHeatersBurners
Paypal   US $1,799.00
3 Shibaura Eletec Oil Sealed Rotary Vacuum Pump Model DRP 1400
3 Shibaura Eletec Oil Sealed Rotary Vacuum Pump Model DRP 1400
Paypal   US $1,750.00
Tsurumi 3 8 HP Honda Engine Driven Trash Pump with Low Oil Sensor EPT3 80HA
Tsurumi 3 8 HP Honda Engine Driven Trash Pump with Low Oil Sensor EPT3 80HA
Paypal   US $1,663.84
Alemite 7783C4 61 Pneumatic HD Industrial Oil Pump
Alemite 7783C4 61 Pneumatic HD Industrial Oil Pump
Paypal   US $1,599.99
Tsurumi 4 8 HP Honda Engine Driven Centrifugal Pump with Low Oil Sensor
Tsurumi 4 8 HP Honda Engine Driven Centrifugal Pump with Low Oil Sensor
Paypal   US $1,551.12
Edwards E2M28 Rotary Vane Vacuum Pump with Oil Mist Filter  Foreline Trap
Edwards E2M28 Rotary Vane Vacuum Pump with Oil Mist Filter Foreline Trap
Paypal   US $1,545.00
Tsurumi 3 7 HP Robin Engine Driven Trash Pump with Low Oil Sensor EPT3 80RX
Tsurumi 3 7 HP Robin Engine Driven Trash Pump with Low Oil Sensor EPT3 80RX
Paypal   US $1,521.05
MP PUMP FUEL OIL WATER SALT WATER 15 HP 3 PH 230 460
MP PUMP FUEL OIL WATER SALT WATER 15 HP 3 PH 230 460
Paypal   US $1,500.00
Varian HS 852 949 9385 Rotary Vane Vacuum Pump with Oil Mist Filter 949 9392
Varian HS 852 949 9385 Rotary Vane Vacuum Pump with Oil Mist Filter 949 9392
Paypal   US $1,499.95
New Gas Powered Waste Oil PumpHeatersBurnerFurnace
New Gas Powered Waste Oil PumpHeatersBurnerFurnace
Paypal   US $1,499.00
New MP4000EXG Gas Powered Waste Oil PumpHeatersBurnerFurnace Pumps Cold Oil
New MP4000EXG Gas Powered Waste Oil PumpHeatersBurnerFurnace Pumps Cold Oil
Paypal   US $1,499.00
New Waste Oil Pump w Honda Engine GX160HeatersBurnerFurnace Moves Cold Oil
New Waste Oil Pump w Honda Engine GX160HeatersBurnerFurnace Moves Cold Oil
Paypal   US $1,499.00
New Honda Gas Powered Waste Oil Pump for BiodieselWVOHeatersBurnerFurnaces
New Honda Gas Powered Waste Oil Pump for BiodieselWVOHeatersBurnerFurnaces
Paypal   US $1,499.00
New Honda Gas Powered Waste Oil PumpBiodieselWVOWMOHeatersBurnersFurnace
New Honda Gas Powered Waste Oil PumpBiodieselWVOWMOHeatersBurnersFurnace
Paypal   US $1,499.00
New Honda Gas Powered Waste Oil PumpBiodieselWVOWMOHeatersBurnerFurnaces
New Honda Gas Powered Waste Oil PumpBiodieselWVOWMOHeatersBurnerFurnaces
Paypal   US $1,499.00
WOOSUNG VACUUM PUMP MVP36 ROTARY VANE OIL VACUUM PUMP WITH MOTOR MVP 36 NIB
WOOSUNG VACUUM PUMP MVP36 ROTARY VANE OIL VACUUM PUMP WITH MOTOR MVP 36 NIB
Paypal   US $1,424.00
BECKER OIL LESS VACUUM PUMP VT 416 11 CFM 094 07 HP
BECKER OIL LESS VACUUM PUMP VT 416 11 CFM 094 07 HP
   US $1,400.00
Rietchle Pico Pressure Vacuum Pump 22 KW KLT 40 NOS NIB Dry Oil less
Rietchle Pico Pressure Vacuum Pump 22 KW KLT 40 NOS NIB Dry Oil less
Paypal   US $1,350.00
EDUR SHANLEY PUMP SANITATIONOILFLUID GAS COMBINATION
EDUR SHANLEY PUMP SANITATIONOILFLUID GAS COMBINATION
Paypal   US $1,299.95
GREENLEE HYDRAULIC SYSTEM 770 OIL PUMP
GREENLEE HYDRAULIC SYSTEM 770 OIL PUMP
Paypal   US $1,299.00
OIL GEAR PISTON PUMP
OIL GEAR PISTON PUMP
Paypal   US $1,250.00
Tsurumi 2 55 HP Honda Engine Driven Trash Pump with Low Oil Sensor EPT3 50HA
Tsurumi 2 55 HP Honda Engine Driven Trash Pump with Low Oil Sensor EPT3 50HA
Paypal   US $1,228.74
Varian DVP 500 Oil Free Dry Vacuum Pump 16cfm 1HP
Varian DVP 500 Oil Free Dry Vacuum Pump 16cfm 1HP
Paypal   US $1,200.00
Edwards 8 RV8 Rotary Vane Vacuum Pump w Edwards EMF1O Oil Mist Filter
Edwards 8 RV8 Rotary Vane Vacuum Pump w Edwards EMF1O Oil Mist Filter
Paypal   US $1,099.00
BECKER Oil Less Vacuum Pump VT 440
BECKER Oil Less Vacuum Pump VT 440
Paypal   US $1,056.10
WOOSUNG VACUUM PUMP WSVP9060 Rotary Vane Oil Vacuum Pump with belt WSVP 9060 NIB
WOOSUNG VACUUM PUMP WSVP9060 Rotary Vane Oil Vacuum Pump with belt WSVP 9060 NIB
Paypal   US $1,061.00
ROTARY OIL FUEL GAS HAND PUMP 55 GALLONS DRUM BARREL
ROTARY OIL FUEL GAS HAND PUMP 55 GALLONS DRUM BARREL
Paypal   US $999.99
VOGEL OIL PUMP MF1 V72
VOGEL OIL PUMP MF1 V72
Paypal   US $999.00
Vacuubrand Thermo Savant OFP400 Oil Free Chemistry Vacuum Diaphragm Pump
Vacuubrand Thermo Savant OFP400 Oil Free Chemistry Vacuum Diaphragm Pump
Paypal   US $999.00
Tsurumi 2 6 HP Robin Engine Driven Trash Pump with Low Oil Sensor EPT3 50RX
Tsurumi 2 6 HP Robin Engine Driven Trash Pump with Low Oil Sensor EPT3 50RX
Paypal   US $982.61
Used Edwards E2M15 Oil Sealed Rotary Vane Pump A371 22 902
Used Edwards E2M15 Oil Sealed Rotary Vane Pump A371 22 902
Paypal   US $975.00
2 HP Busch Oil Lubricated Vacuum Pump 260 ACFM Item 8390
2 HP Busch Oil Lubricated Vacuum Pump 260 ACFM Item 8390
Paypal   US $950.00
INGERSOLL RAND THUNDER SERIES LM2305A 4G B OIL LUBRICANT PUMP 3 AIR MOTOR NEW
INGERSOLL RAND THUNDER SERIES LM2305A 4G B OIL LUBRICANT PUMP 3 AIR MOTOR NEW
Paypal   US $899.95
ABB PREHEATER OIL PUMP HUB 80 121 A 14 5 8 5 4IN 65IN 14 5 8 5 4 65IN 13739
ABB PREHEATER OIL PUMP HUB 80 121 A 14 5 8 5 4IN 65IN 14 5 8 5 4 65IN 13739
Paypal   US $899.15
WOOSUNG VACUUM PUMP WSVP9030 Rotary Vane Oil Vacuum Pump with belt WSVP 9030 NIB
WOOSUNG VACUUM PUMP WSVP9030 Rotary Vane Oil Vacuum Pump with belt WSVP 9030 NIB
Paypal   US $868.00
New Waste Oil Transfer Filtration PumpHeatersBurners
New Waste Oil Transfer Filtration PumpHeatersBurners
Paypal   US $839.00
New Waste Oil Transfer Filtration PumpBiodieselWVO
New Waste Oil Transfer Filtration PumpBiodieselWVO
Paypal   US $839.00
WOOSUNG VACUUM PUMP MVP 6 Rotary Vane Oil Vacuum Pump with Motor MVP 6 NIB
WOOSUNG VACUUM PUMP MVP 6 Rotary Vane Oil Vacuum Pump with Motor MVP 6 NIB
Paypal   US $817.00
TRICO PE 3003 Oil Lublication Pump 3L Cap Digital 5B
TRICO PE 3003 Oil Lublication Pump 3L Cap Digital 5B
Paypal   US $799.95
BECKER Type VT 440 VACUUM PUMP OIL LESS D80B4P
BECKER Type VT 440 VACUUM PUMP OIL LESS D80B4P
Paypal   US $799.65
New 20 GPM Pump for Waste OilFuel OilHeatersBurners
New 20 GPM Pump for Waste OilFuel OilHeatersBurners
Paypal   US $799.00
Becker VT 425 Oil less Vacuum Pump
Becker VT 425 Oil less Vacuum Pump
Paypal   US $795.00
Becker Oil Less Pump VT 410
Becker Oil Less Pump VT 410
Paypal   US $775.00
OIL GEAR HYDRAULIC PISTON PUMP PVW20L SAY CN UNUSED FROM OLD STOCK O1
OIL GEAR HYDRAULIC PISTON PUMP PVW20L SAY CN UNUSED FROM OLD STOCK O1
Paypal   US $750.00
TOKUDA SHIBAURA DUAL OIL SEALED ROTARY VACUUM PUMP ASSEMBLY DRP 360III
TOKUDA SHIBAURA DUAL OIL SEALED ROTARY VACUUM PUMP ASSEMBLY DRP 360III
Paypal   US $749.95
LINCOLN 2424 Air Operated Oil Pump Transfer System G2
LINCOLN 2424 Air Operated Oil Pump Transfer System G2
Paypal   US $745.40
Rotary Vane Oil Vacuum Pump with belt WSVP 9018 NIB
Rotary Vane Oil Vacuum Pump with belt WSVP 9018 NIB
Paypal   US $742.00
Becker type D80B4P oil less vacuum pump
Becker type D80B4P oil less vacuum pump
Paypal   US $700.00
PROSSER Submersible PUMP 3 4HP Dewatering Water Depression Probe Oil Recovery
PROSSER Submersible PUMP 3 4HP Dewatering Water Depression Probe Oil Recovery
Paypal   US $699.99
Osaka Vacuum TG1303 Compound Turbo Molecular Pump Oil
Osaka Vacuum TG1303 Compound Turbo Molecular Pump Oil
Paypal   US $699.99
Edwards High Vacuum Pump Model EDM 6 with Oil
Edwards High Vacuum Pump Model EDM 6 with Oil
Paypal   US $699.00
Trivac Vacuum Pump Model D4A with Oil
Trivac Vacuum Pump Model D4A with Oil
Paypal   US $695.00
Inland 19 Vacuum Pump Fluid 55 Gallon Oil
Inland 19 Vacuum Pump Fluid 55 Gallon Oil
Paypal   US $685.00
Inland 77 Vacuum Pump Fluid 55 Gallon Oil
Inland 77 Vacuum Pump Fluid 55 Gallon Oil
Paypal   US $679.00
Ingersoll Rand Aro LM2305A 41 B Oil Pump 55 G 51 G2
Ingersoll Rand Aro LM2305A 41 B Oil Pump 55 G 51 G2
Paypal   US $665.40
Transadyne Oil Hydraulic Fluid Transfer Pump w 50g Tank Heater Heated
Transadyne Oil Hydraulic Fluid Transfer Pump w 50g Tank Heater Heated
Paypal   US $650.00
Tsurumi 3 55 HP Honda Engine Driven Centrifugal Pump with Low Oil Sensor
Tsurumi 3 55 HP Honda Engine Driven Centrifugal Pump with Low Oil Sensor
Paypal   US $630.69

Pump Oil

A short and precide guide to Investing in the Oil Market with Online Spread Betting

In the past century or so many have managed to make their fortune as the late great billionaire J. Paul Getty did from oil.

The ever increasing demands on oil supply to power today’s energy needing consumer, continues to grow globally for oil as the energy source of choice for cars, heating, machinery etc. Countries experiencing significant growth cycles such as Russia, Brazil, India and China continue with their increased consumption to fuel their growth ambitions, placing even more demand on the finite oil resources the world has.

Whilst significant oil resources still remain untapped in areas such as Canada / Alaska, extraction of the oil in these areas is only economically viable at the much higher oil prices seen in recent years.

The impact in 2008 for the retail consumer was well covered by the world media and felt hard by us all globally as the price of oil soared from $85.42 in January 22nd 2008 to $147.27 in July 11th 2008, at that time many industry experts predicated oil would continue the established trend and trade at $200 a barrel. The credit crunch and resulting cycle of wealth destruction globally during the second half of 2008 impacted demand for black gold with the price per barrel falling to the very low $32.40 on the 19th December 2008. It sure has been a roller coaster ride for oil in 2008.But it’s an opportunity for those in the know - the speculative investor - to make significant gains from trading, or of course to have made big losses.

Whilst the media attention seems to have drifted away in recent months to focus in on the demise of the banking sector, Oil has been making a spectacular recovery from the $32 December lows to hit $70 in recent weeks, the industry experts are now calling for $85 dollars a barrel whilst others suggest a short term correction may be on the horizon. Whatever the future may throw at it, the oil trader and speculator has the opportunity to profit from such moves if their opinion on the direction proves to be correct.

For the retail investor gaining exposure to either NYMEX Crude or BRENT Crude at first may not seem that straight forward, whilst the opportunity to trade Oil Company stocks or purchase Exchange Traded Funds (ETFs) (which can provide exposure to oil prices) has traditionally been the only obvious route through your online stockbroker, Financial spread trading and Contracts for Difference (CFD) trading makes accessing these commodity markets relatively straightforward. Investors can then take either long or short positions via the spread bet or CFD and trade the fluctuations in price in this and many other markets. Spread Betting firms and CFD providers also provide a wide range of market information, charting resources and trading technology which gives the retail investor access to a wide range of information. The weekly Crude Oil Inventories Update will actually provide real time market information for relevant trading data.

Once a week, the Energy Information Administration will release a small glimpse of what they think the future demand of oil is going to be by releasing its Crude Oil Inventory numbers. Traders will look for this sort of information because the amount of oil commercial firms have in inventory impacts the price of oil in quite a predictable way when taken into account with other factors in determining future oil prices.

What the Crude Oil Inventories number report does is give the figure on how many barrels of crude oil commercial firms have in inventory. Although commercial firms will report their inventory levels to the EIA on a weekly basis the EIA must still make some estimates to arrive at the final number.

Another large organisation which has major impact on the price of oil is known as OPEC - the Organisation for Petroleum Exporting Countries.The OPEC is a group of twelve different countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. The cartel is headquartered in Vienna and hosts regular meetings among the oil ministers of its many different Member Countries.

According to its statutes, one of the major goals is the determination of the best means for safeguarding the cartel's interests both individually and collectively. On top of this it also pursues different ways of ensuring the stabilisation of the prices in international oil markets, with the view of exterminating harmful and unnecesary fluctuations; at the same time giving regard at all times to the interests of the nations producing and to the necessity of securing a steady income to the producing countries; an efficient and regular supply of petroleum to consuming nations, and of course a fair return on their capital to those investing within the peroleum industry itself.
The OPEC will release a Monthly Oil Market Report with other small bulletins which also impact market pricing which oil traders from across the globe wait for.

Whilst trading oil may seem the preserve of an elite group of traders in London, Chicago or elsewhere in the globe, the price of petrol or gasoline directly impacts everyone in the developed world. It impacts the cost of transporting goods and services to every area of the globe and as we saw in 2008, this can have a negative impact both on the price we pay for personal transportation at the pump, but also the cost of basic food and services we rely on in our day to day lives. Whilst we saw little pull back in pump prices during the past 6 months these same experts predict a return to higher pump prices in the future which could impact us all.

Some have therefore turned to spreadbetting and CFDs to hedge their exposure to rising fuel costs by placing medium to longer term trades which pay out if oil prices rise across the globe. This approach is also relevant for small and medium sized businesses exposed to oil price moves - from hauliers, farmers and fisherman to virtually any business impacted by rising fuel costs. Big business has done this for years airlines hedging fuel costs to ensure any unexpected sharp rises in crude do not impact their budgetary plans in any fiscal year. In 2008 many haulier firms folded due to the rising cost of fuel but also due to fuel taxes in the UK remaining very high - approximately 61% of the cost paid at the pump is tax revenue for the UK government, European haulier firms subject to lower fuel taxation were able to generate a significant competitive advantage against the UK haulage business at this time who were left unable to pass the full cost of rising fuel onto their customers.

Beyond hedging, spread betting and CFDs also allow investors the opportunity to trade on oil companies’ stock prices - from the Exxons, Shells and BPs of this world to the smaller exploration outfits, drilling as Getty did over half a century ago for that next 20,000-barrels-a-day oilfield and the opportunity to make serious money.

Porter-Ferguson Service Video 2, pump oil filling instructions.wmv

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