These two trading objects are the same, but the trading rules are different. Crude oil futures belong to futures varieties, and the trading time is the same as domestic futures. At present, crude oil futures have not been launched in China, but it is said that they will be launched by the end of this year. Spot crude oil refers to spot crude oil, which can be traded 24 hours a day and adopts international general rules and quotations. There is a difference between the two in essence.