Geopolitical premium fades as international crude oil declines; Gate CLUSDT contract open interest ranks among the industry's top

Odaily Planet Daily News As geopolitical premiums continue to fade, the international crude oil market experienced a sustained downward trend on June 26. According to data from the Gate platform, WTI crude oil (CLUSDT) briefly broke through the $70 mark before rebounding slightly, currently 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's CLUSDT contracts reached $5.52 million, with open interest of approximately $8.72 million, ranking among the top tier in the industry.

Gate pioneered the commodities perpetual contract and CFD contract segment, covering major energy assets such as BZUSDT (Brent crude oil), CLUSDT (WTI crude oil), and NG (natural gas), supporting 7×24 trading and USDT settlement. Leveraging Gate's innovative unified account system, users can allocate diverse assets including stocks, metals, forex, indices, and commodities without the need to switch between platforms, helping users achieve more flexible and efficient one-stop global asset strategy allocation during volatile market conditions.