Spread represents the difference between ASK price and BID price. CFD Rollover adjustment consists of the difference in price between expiring contract and new contract as well as the spread of the CFD. Swap is the overnight interest credited to or debited from an account where positions are held overnight. For further information, please refer to our Frequently Asked Questions page.
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About Oil Search and Oil Search Trading
Oil Search Limited is the largest oil and gas exploration and development company from Papua New Guinea. In recent years, the company has expanded in other countries, nowadays operating in Yemen, Egypt, Libya, and Iraq. At one point, the company accounted for 13% of Papua New Guinea's gross domestic product
Due to its continuous growth, the Oil Search stock has been publicly listed on the Australian Stock Exchanges and is included in the S&P/ASX 50 Index. As of December 2020, Oil Search boasted a market capitalization of around $7.5 billion.
How can you trade Oil Search?
You can buy Oil Search shares live on exchanges or you can trade Oil Search through derivatives solutions, such as CFDs. Buying shares on exchanges is a long-term investment since you stand to gain only if prices go up.
At CAPEX.com you can follow the Oil Search chart to trade on the price movements of this popular stock through CFDs. If you think that Oil Search stock value will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
At CAPEX.com you can trade Oil Search stock from Monday to Friday between 23:05-04:55 GMT. If you cannot trade at those hours, you can always pick another stock, as we have more than 2000 options available.