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As for the best times, there are two answers (1) when the market is more volatile typically in the first few hours and/or (2) anytime you have an edge or can predict the market better then chance.
As for brent vs WTI, I'm not an energy trader but I think most trade the CL.
The traditional market open for Crude was 9:00am Eastern, and for the equities is 9:30am Eastern. The trading pits are no longer there, or in effect no longer there, but those markets still have the heaviest volumes from those open times. The Crude pit closed at 2:30pm, the equities at 4-4:15pm.
On two or three days a week there is quite often an important news announcement an hour before the equities open at 8:30am.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
1.If you’re looking for a narrow window for trade opportunities in the U.S. futures markets, I would say prior to the old pit opening times to up to just past the NYSE opening is a good span of time.
For stock indexes, currencies, financials, metals and energies, that translates to as early as 7:00 Central Time up to about 9:00 Central Time.
For grains and livestock markets, their respective opening 60 minutes frequently offer opportunities for traders.
2.The links below will take you to the pages on the CME web site where you’ll find the trading hours for crude oil and the E-mini S&P 500:
Crude oil
E-mini S&P 500
3.The two main crude oil contracts are the West Texas Intermediate on the CME / NYMEX and ICE Brent crude oil futures contracts. For day trading, I prefer the “benchmark crude contract,” which is the WTI futures contract.