Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
The "illusion" of calm in the global oil market: Is the next surge already countdown?
May 14, New York Mercantile Exchange closed. Brent crude oil closed at about $105 per barrel, almost no different from the previous week.
However, on the other side of the Earth, at least 210 oil tankers are still docked where they are—they have been sitting there for more than two months.
This is the most contradictory picture in the oil market in May 2026: on one side, a physical supply disruption lasting more than 70 days, with shutdowns from oil-producing countries in the Gulf exceeding 10 million barrels per day; on the other side, international oil prices are steady.
Why didn’t Brent rush toward $150, as everyone expected?
Why, in the face of such severe physical shortages, did prices fall back from the $138 peak in April? And how long can this calm last?
The current calm in the oil market is not an equilibrium—it is a “false appearance” created by several temporary, unsustainable factors.
And each of these “false appearances” is running on a countdown.