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Gate crude oil futures positions remain the highest, oil prices fluctuate at high levels
CryptoWorld News reports that data from the Gate platform shows that international oil prices remain high and volatile, with market funding participation continuously increasing. WTI crude oil (XTUSDT) reached a 24-hour high of $96.61, currently trading at $95.82. Brent crude oil (XBRUSDT) reached a 24-hour high of $96.61, currently trading at $101.54. Amid ongoing high price fluctuations, funding in the crude oil futures market is showing further accumulation. The current WTI crude oil position on the Gate platform amounts to $4.8048 million, and the Brent crude oil position amounts to $5.4121 million, maintaining the largest overall position scale. Gate’s contract platform pioneered the commodities futures section, covering perpetual contracts for XBRUSDT (Brent crude oil), XTUSDT (WTI crude oil), and NG (natural gas), offering 24/7 trading, USDT settlement, and up to 100x leverage, helping users allocate assets and strategize across markets amid volatility.