Crude Oil Market Extends Decline, Gate WTI Crude Oil Contract Open Interest Ranks Top Two in the Industry

PANews, June 23 – International crude oil prices continued yesterday's decline today, showing a weak trend of oscillating downward movement. According to data from the Gate platform, WTI crude oil (CLUSDT) came under further pressure, breaking below the key support level of $74 and currently trading at $72.86 (-3.54%), with a 24-hour low of $72.60. Against the backdrop of volatile market conditions, trading volume for related contracts remains active. Coinglass data shows that Gate's CLUSDT contract recorded a 24-hour trading volume of $12.3758 million and open interest of approximately $9.5561 million, ranking second in the industry.

Gate pioneered the commodity perpetual contract and CFD contract section, covering mainstream energy assets such as BZUSDT (Brent crude oil), CLUSDT (WTI crude oil), and NG (natural gas), supporting 24/7 trading and USDT settlement. Leveraging Gate's innovative unified account system, users can allocate diversified assets including stocks, metals, forex, indices, and commodities without cross-platform operations, enabling more flexible and efficient one-stop global asset strategy deployment amid volatile market conditions.

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Author: PA一线

This content is for market information only and is not investment advice.

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