🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
API crude oil inventories unexpectedly rose, and U.S. oil losses expanded
After a volatile day, WTI crude oil hovered below $74 before the release of API data, but then extended its losses as data showed an unexpected increase in crude oil inventories. Dennis Kissler, senior vice president of trading at BOK Financial Securities, said in a note to clients that as the end of the year approaches, barring further escalations in the Red Sea region, more trading will focus on rebalancing positions when trading volume is scarce. It can be noted that WTI crude oil encountered a “death cross” today (the 50-day moving average fell below the 200-day moving average) for the first time since September 2022. In addition, the time spread, which is a key barometer of supply and demand, has eased, with the spread between the two closest contracts for WTI crude oil at 24 cents/b compared to 14 cents/b yesterday.