Spot crude oil, American crude oil continuous contract. Spot crude oil is a contract transaction, not a cash delivery transaction, but a transaction based on the principle of capital leverage.

Spot crude oil requires investors to go through the delivery procedures within 1-2 working days after the transaction is completed. However, in the actual investment operation process, many investors do not choose to make actual delivery after the transaction is successful, but close their positions at maturity to earn the difference profit.

Futures trading is a special way of trading. Early futures trading originated in Europe from 1 1 century to14th century and developed in Japan from17th century. The modern futures market originated in the United States in the late19th century.

Futures crude oil trading refers to the trading of futures contracts in futures trading places according to certain rules and regulations.