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

2026-03-04 05:30

Odaily News: Affected by political uncertainty and tightening energy supply expectations, crude oil prices continue their rebound trend, with market risk premiums significantly increasing. Market data shows that XTI (WTI crude oil) reached a 24-hour high of $78.19, currently trading at $75.64, a gain of 4.72%; XBR (Brent crude oil) touched a 24-hour high of $85.49, currently trading at $82.80, a gain of 4.81%, showing strong overall 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 APP and Web platforms, covering various traditional financial assets such as stocks, metals, foreign exchange, indices, and commodities, supporting trading of core assets including gold, silver, and Brent crude oil. Gate is accelerating the integration of crypto assets with traditional financial markets, building a more efficient and professional multi-asset trading platform for global users.