CFD’s offered by Dukascopy Bank's for BRENT.CMD/USD (UK Brent Oil) and LIGHT.CMD/USD (US Crude Oil) are non-expiring spot traded OIL derivatives. The spot prices of Dukascopy Bank CFD's on oil are influenced by the prices of futures of the corresponding commodities which are traded on the exchanges. Due to this influence an adjustment is done one day prior to the expiry date of the WTI and Brent crude oil future contracts. At 13:30 GMT summer / 14:30 GMT winter time on the respective days Dukascopy Bank determines and publishes the adjustment rate for the CFD concerned.
Depending on the direction of the client position this may be a credit or debit. On the same day at 18:30 GMT summer / 19:30 GMT winter client accounts will be adjusted according to the published adjustment rates.
Use the widget below to monitor adjustment schedule and calculate projected charges.