If $80 holds, the path of least resistance is higher for oil according to Carley Garner - Commodity Broker

Futures and options broker, Carley Garner, joined Nicole Petallides on Schwab network to discuss the impact of hurricane Beryl on US oil production. According to Garner, it was a buy-the-rumor-sell-the-fact event but the fundamentals and seasonals are supportive.

The decision to trade online or through a full-service commodity broker will undoubtedly make a large impact on your bottom line.

To look at commission rates objectively, we must understand the background of the futures industry and how brokerages accept risk for fees.

Deciding on a commodity brokerage firm is a significant decision and shouldn’t be taken lightly. Not all traders and brokers are compatible.

Most traders in search of a futures broker are concerned primarily with trading platforms, commission, and quality guidance.

The goal of futures trading should be to MAKE money, not SAVE it! Discount commodity brokers cut corners that cost their clients time & money.

A key difference to trading commodity futures over ETFs is leverage, but there is more to discuss, such as taxes, market hours, and efficiency.