Crude oil prices remain stable amid high-level fluctuations, with Gate's crude oil contracts leading the industry in trading volume
Svmuu News, March 30: Following a rapid rise earlier, international crude oil prices have entered a consolidation phase at elevated levels. According to data from the Gate platform, WTI crude oil (XTIUSD) is currently trading at $101.03, having reached a 24-hour high of $103.86; Brent crude (XBRUSD) is currently trading at $108.00, having reached a 24-hour high of $109.39. Against the backdrop of prices stabilizing at elevated levels, market divergence has intensified, short-term volatility has continued to widen, and trading activity in crude oil-related contracts has significantly increased. Coinglass data shows that the 24-hour trading volume for WTI crude oil (XTIUSD) on the Gate platform reached $8.1307 million, a 197.50% increase, ranking first among all exchanges; Gate’s XBR 24-hour trading volume reached $5.508 million, a 234.83% increase, also ranking first. Driven by high volatility, investor participation continued to rise, further highlighting Gate’s advantages in liquidity and market depth within the energy derivatives sector. Gate Futures pioneered the commodities futures segment, covering XBRUSDT (Brent Crude), XTIUSDT (WTI Crude Oil), and NG (Natural Gas) perpetual contracts. It offers 24/7 trading, USDT settlement, and up to 100x leverage, empowering users to execute cross-market asset allocation and strategic positioning amid volatile market conditions.
Source:Odaily · Source Link
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