Geopolitical premiums drive up oil prices, Gate WTI crude oil-related contracts maintain a position among the top three in the industry

Affected by geopolitical and supply risk premiums, international oil prices have recently maintained a relatively high level of fluctuation. According to market data from the Gate platform, WTI crude oil (CLUSDT) is currently priced at $93.67, with a 24-hour increase of 2.09%. According to CoinGlass data, the 24-hour contract open interest on the Gate platform for CLUSDT is $131 million, ranking among the top three in the industry; the 24-hour contract trading volume reached $79.01 million, also ranking high in trading activity within the industry.