According to ChainCatcher, the crude oil market has seen a corrective rebound after previous volatility. International oil prices have generally strengthened, with Brent crude (XBR) currently trading at $101.03, up 2.16% in the last 24 hours; WTI crude (XTI) is currently trading at $93.80, up 2.02% in the last 24 hours, showing a fluctuating upward trend.
Amidst heightened price volatility, trading activity in crude oil contracts remained high. According to CoinGlass data, Gate.com's XTI contract saw a 24-hour trading volume of $5.1763 million, while XBR contract open interest reached $3.1472 million, both maintaining industry-leading positions and reflecting the platform's liquidity advantage and continuously increasing market participation in energy derivatives trading.
Gate Contracts pioneered the commodity contract section, covering XBRUSDT (Brent crude oil), XTIUSDT (WTI crude oil), and NG (natural gas) perpetual contract trading. It offers 24/7 trading, USDT settlement, and up to 100x leverage, helping users to conduct cross-market asset allocation and strategy deployment in volatile market conditions.
