The energy futures market is a large and diverse financial market that encompasses many different types of energy commodities, including oil, natural gas, and other. The market is traded through various types of futures contracts, including spot, forward, and options contracts.

One of the most popular types of energy futures trading is through Contracts for Difference (CFDs), which allow traders to speculate on the price movements of energy commodities without actually owning the underlying asset. This allows for greater flexibility and ease of trading, as well as the ability to profit from both rising and falling prices.

The energy futures market is also an OTC market, with prices set by large international banks and other major participants. Like the FX market, there is no uniform price, but rather each participant provides its own quotes, with the spot market acting as the reference point.

The price of energy futures is influenced by a variety of factors, including global supply and demand, geopolitical events, and news data releases. These factors can cause significant price movements in the market, creating opportunities for traders to profit.