Gate News: According to Gate’s official announcement, the Gate contract commodities special section will launch BZ (Brent crude oil) and CL (WTI crude oil) perpetual futures spot trading on April 30, 2026 at 15:30 (UTC+8). Trading will be settled in USDT and supports 1x-100x going long and short positions; the leverage ratio can be selected by users at order time.
The BZUSDT perpetual contract is the trading code for Brent crude oil, representing 1 barrel of crude oil, priced in US dollars; the CLUSDT perpetual contract is the trading code for West Texas Intermediate (WTI) crude oil, also representing 1 barrel of crude oil, priced in US dollars.