Crude oil prices are rising, and the trading volume of Gate-related contracts ranks among the top in the market
According to data from the Gate platform, WTI crude oil (CL) is currently priced at $102.22, up 0.73% in the last 24 hours; Brent crude oil (BZ) is currently priced at $105.50, up 0.38% in the last 24 hours, with active trading in oil-related contracts. According to Coinglass data, the BZUSDT position on the Gate platform is approximately $6.0924 million, ranking among the top in the network; the CLUSDT trading position is approximately $2.6843 million, also maintaining high market attention.To further improve the platform's oil derivatives product system, Gate has renamed the trading symbol for the XBR perpetual contract to BZ and officially launched the BZ perpetual contract; at the same time, the trading symbol for the XTI perpetual contract has been renamed to CL and the CL perpetual contract has been officially launched. This only involves adjustments to the trading symbols, while the contract underlying and trading rules remain unchanged.Gate contracts have taken the lead in the oil market, pioneering the commodity contract sector, covering BZUSDT (Brent crude oil), CLUSDT (WTI crude oil) perpetual contract trading, and NG (natural gas) perpetual contract trading, providing 24/7 trading, USDT settlement, and up to 100 times leverage, assisting users in cross-market asset allocation and strategic layout during volatile market conditions.