According to Odaily Odaily, international crude oil prices are currently fluctuating at high levels after a previous surge, influenced by the ongoing stalemate between the US, Israel, and Iran, as well as the risk of a blockade of the Strait of Hormuz. Data from the Gate platform shows that XBRUSDT (Brent crude oil) reached a high of $85 during today's trading session and is currently trading at $84.28, with a 24-hour trading volume of $85.14 million.
In terms of derivatives trading, Gate.com has taken the lead in crude oil, pioneering the commodity contract sector, covering XBRUSDT (Brent crude oil) and WTIUSDT (WTI crude oil) perpetual contract trading, providing 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.
In addition, Gate TradFi has opened trading access on both the APP and Web platforms, and fully covers CFD trading services for silver, gold, forex, indices, commodities and some popular stocks, supporting leverage up to 500 times, to meet the diverse trading needs of the linkage between traditional finance and the crypto market.
