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Does crude oil mean futures?
1, not all crude oil refers to futures, and crude oil has both spot and futures.

2. Spot oil, also known as spot crude oil and international crude oil, is an important international investment project. Spot crude oil is an investment variety, which refers to a spot contract with specific quality crude oil as the subject matter of the transaction. Spot trading of crude oil started late in China, but it has been regarded as one of the most promising industries in recent years due to the recovery of market economy.

3. Spot crude oil investment is a new type of investment with a good trend. Now in the period of low price, the crude oil investment market has ushered in a large-scale bargain-hunting frenzy, and investment opportunities must be seized. Crude oil futures are the most important oil futures.

4. At present, there are four important crude oil futures contracts in the world: the New York Mercantile Exchange (NYMEX) light and low sulfur crude oil "West Texas Intermediate" futures contract, high sulfur crude oil futures contract, London International Petroleum Exchange (IPE) Brent crude oil futures contract and Singapore Exchange (SGX) Dubai acid crude oil futures contract.

From the above introduction, we can clearly know that not all crude oil refers to futures, and crude oil has both spot and futures. I hope it is useful to everyone, and I wish you a happy investment.