Right now, crude oil isn't just about supply and demand.
Brent is at 103.54, WTI at 96.60. Novorossiysk, Hormuz, US-Iran negotiations—these names may sound like news, but they all act as a "safety cushion" in oil prices. The market fears sudden supply issues, so it preemptively adds a layer of insurance to prices.
With ICE/OKX rolling out perpetual contracts for oil, crypto traders can now directly tap into energy volatility.
#Chatting traditional finance at Binance Square
#原油 #WTI
Brent is at 103.54, WTI at 96.60. Novorossiysk, Hormuz, US-Iran negotiations—these names may sound like news, but they all act as a "safety cushion" in oil prices. The market fears sudden supply issues, so it preemptively adds a layer of insurance to prices.
With ICE/OKX rolling out perpetual contracts for oil, crypto traders can now directly tap into energy volatility.
#Chatting traditional finance at Binance Square
#原油 #WTI