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The energy sector has been trending higher amid volatility, with Gate XTI and XBR futures contracts leading the industry in trading volume.
Svmuu News: Volatility in the energy sector has intensified overall, with crude oil prices fluctuating amid a volatile market and trading activity continuing to rise. Gate TradFi data shows that WTI crude oil (XTIUSDT) is currently trading at $93.85, down 2.66% over the past 24 hours; Brent crude oil (XBR) is currently trading at $101.87, down 1.16% over the past 24 hours. Amid heightened price volatility, trading volume for related contracts has risen accordingly. CoinGlass data shows that on the Gate platform, the 24-hour trading volume for XTI (WTI crude oil) contracts was approximately $4.4593 million, with open interest (OI) at approximately $4.18 million; XBR (Brent crude) contracts recorded a 24-hour trading volume of $1.9832 million, with an open interest (OI) of approximately $3.8640 million, ranking first in the industry. Currently, Gate’s futures section comprehensively covers traditional financial assets including stocks (57), metals (12), indices (15), forex (3), and commodities (3). Tradable assets include gold, silver, crude oil, natural gas, the euro, the British pound, the Dow Jones Industrial Average, and the Hang Seng Index. The platform supports 24/7 continuous trading and offers leverage of up to 100x, continuously building an efficient, one-stop multi-asset trading platform for users worldwide.
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