Crude oil trading platforms play a vital role in the global energy markets. We, as market participants can buy and sell crude oil to other participants on this platform. These platforms serve as digital marketplaces. Here traders, producers, refiners, and other entities make crude oil transactions.
Before the emergence of electronic trading platforms, crude oil trading was a manual process. These methods had several limitations and inefficiencies, which prompted the need for technological advancements in the industry.
