Volatility in the energy market continues to escalate. Brent crude oil (XBR) prices surged, reaching a 24-hour high of $116.31, a new high for the period, and are currently trading at $115.70, a 24-hour increase of 12.65%, indicating a significant rise in bullish sentiment. Simultaneously, natural gas (NG) also strengthened, reaching a 24-hour high of $3.235, and is currently trading at $3.177, an increase of 8.17%. Driven by the rapid price increase, trading activity in crude oil contracts has significantly increased. According to data from the CoinGlass platform, the 24-hour trading volume of Gate XBR contracts reached $7.4598 million, a 290.15% increase compared to the previous period, with current open interest at approximately $4.1128 million, indicating continuous capital inflows and a significant increase in market participation. Gate Contracts has taken the lead in crude oil, pioneering the commodity contract sector, covering XBRUSDT (Brent crude oil), XTIUSDT (WTI crude oil), and NG (natural gas) perpetual contract trading, providing 24/7 trading, USDT settlement, and up to 100x leverage, helping users to conduct cross-market asset allocation and strategy deployment in volatile market conditions.