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

2026-05-19 04:16

According to Odaily, driven by a phased easing of geopolitical tensions in the Middle East, international crude oil prices have pulled back. Bitget market数据显示, Brent crude oil (BZ) is currently quoted at $109 per barrel, down 2.53% on the day. The intensified long-short tug-of-war on the chart has fueled a surge in trading activity for related futures contracts.

Data from CoinGlass shows that the total open interest for BZ futures across all exchanges currently stands at $67.9316 million. Among centralized exchanges, Binance, Bitget, and OKX rank in the top three in terms of open interest, at $46.9913 million, $8.3424 million, and $5.6461 million, respectively. Notably, Bitget's 24-hour open interest growth rate reached 28.32%, leading all exchanges globally.