Geopolitical premiums fade as international crude oil declines, Gate CLUSDT contract open interest ranks among the top in the industry

Odaily Odaily News As geopolitical premiums fade, the international crude oil market continued its volatile downward trend on June 26. According to data from the Gate platform, WTI crude oil (CLUSDT) briefly fell below the $70 mark before rebounding slightly, now trading at $70.62 (+1.12%), with a 24-hour low of $69.06. Against the backdrop of market volatility, Coinglass data shows that the 24-hour trading volume of Gate CLUSDT contracts reached $5.52 million, with open interest of approximately $8.72 million, placing it in the top tier of the industry.

Gate has pioneered the commodities 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-hour trading and USDT settlement. Leveraging Gate's innovative unified account system, users can allocate diversified assets such as stocks, metals, forex, indices, and commodities without the need for cross-platform operations, helping users achieve more flexible and efficient one-stop global asset strategy allocation during volatile market conditions.