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International risk premiums rise, crude oil continues its strong upward momentum, and Gate's crude oil contract trading volume expands in sync

2026-03-04 05:30

Odaily News: Influenced by political uncertainty and tightening energy supply expectations, crude oil prices continue their rebound, with market risk premiums rising significantly. Market data shows that XTI (WTI crude oil) reached a 24-hour high of $78.19 and is currently trading at $75.64, representing a gain of 4.72%. XBR (Brent crude oil) touched a 24-hour high of $85.49 and is now at $82.80, up 4.81%, demonstrating overall strong performance.

According to Coinglass data, XBR's 24-hour trading volume reached $4.2317 million, a month-on-month increase of 146.73%. Contract open interest rose to $903,500, a gain of 50.92%, indicating significantly improved capital activity and continuously heating market participation sentiment.

Currently, Gate TradFi has officially opened trading access on both its APP and Web platforms, covering various traditional financial assets such as stocks, metals, forex, indices, and commodities, supporting trading of core assets including gold, silver, and Brent crude oil. Gate is accelerating its strategic integration of crypto assets with traditional financial markets, aiming to build a more efficient and professional multi-asset trading platform for global users.