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What is "ICBC account crude oil"
The crude oil in ICBC's account is an investment transaction product provided by ICBC for individual customers. The crude oil share is traded in RMB or USD, and only the share is counted and the physical crude oil is not extracted.

According to different quotation reference objects, account crude oil trading varieties include account North American crude oil and account international crude oil. China Industrial and Commercial Bank provides trading quotations to customers on the basis of comprehensive consideration of global crude oil market trends, domestic RMB exchange rate trends, market liquidity and other factors, and has the right to adjust trading quotations according to market conditions.

When the price of crude oil is expected to rise, customers can get the spread income by buying first and selling later. When the price of crude oil is expected to fall, the spread income is obtained by selling first and buying later.