1. Account crude oil extension refers to the trading function provided by China Industrial and Commercial Bank for customers who hold account crude oil products. According to the customer's relevant instructions, during the product conversion period (the overlapping period of two adjacent crude oils in the same product account is generally 5 trading days), the system automatically completes the closing of the previous product and the opening of the next product.

2. Internationally, crude oil is settled by monthly trading, which can be divided into monthly crude oil 065438+ 10 crude oil 65438+February crude oil, spot contracts close to our trading time, or short-term contracts, which are mainly called traders' colloquial language, while the contracts of 65438+February are called forward contracts. The futures market can be any short-term contract or forward contract.

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