Svmuureports that the international crude oil market has continued its upward trend recently, with both WTI and Brent crude oil prices rising. According to data from the Gate platform, WTI crude oil (CL) hit a 24-hour high of $95.93 and is currently trading at $94.78, up 3.26% in 24 hours. Brent crude oil (BZ) reached a 24-hour high of $98.15 and is now at $97.04, up 2.53% in 24 hours. Data from CoinGlass shows that trading activity for crude oil-related contracts on the Gate platform remains robust. Specifically, the open interest for the Gate CLUSDT contract is approximately $10.1106 million, ranking among the industry's top; the trading volume for the BZUSDT contract is around $6.5068 million, also maintaining a leading position in the industry.
Gate pioneered the commodity perpetual contract and CFD contract sector, covering major energy assets such as BZUSDT (Brent crude oil), CLUSDT (WTI crude oil), and NG (natural gas), supporting 7×24 trading and USDT settlement. Leveraging Gate's innovative unified account system, users can allocate diversified assets including stocks, metals, forex, indices, and commodities without the need for cross-platform operations, helping users achieve a more flexible and efficient one-stop global asset strategy layout during volatile market conditions.