Oil makes the world go around. This probably is a revelation to no one. Ever since we started pumping black gold out of the ground in the mid-nineteenth century—mankind just can't get enough of the stuff.
Beyond making cars go and planes fly, oil also makes countries fight each other in hopes of getting more oil. Pretty much everything you consume depends on it. So perhaps it's not surprising that the Crude Oil futures market commands a great deal of attention. What follows, is a brief overview of oil and oil trading for anyone interested in getting a piece of this nearly $2-trillion dollar market.