Geopolitical cooling triggers crude oil pullback, Bitget BZ futures open interest grows over 28% in 24H, ranking second across the network

Odaily reported that international crude oil prices have retreated amid a phase of cooling geopolitical tensions in the Middle East. According to Bitget market data, Brent crude oil (BZ) is currently trading at $109 per barrel, down 2.53% on the day. The intensified long-short battle has driven a surge in trading activity in related futures markets.

According to CoinGlass data, the total open interest in BZ futures across all exchanges currently stands at $67.9316 million. Among centralized exchanges, Binance, Bitget, and OKX rank in the top three with open interest of $46.9913 million, $8.3424 million, and $5.6461 million, respectively. Notably, Bitget's open interest growth rate over the past 24 hours reached 28.32%, leading the entire network.