American crude oil futures are traded 24 hours a day, divided into American and Asian electronic markets! After the US market ended, the Asian electronic market continued to trade. America is closed on public holidays.
The New York Mercantile Exchange (NYMEX) trading hours: manual bidding from 23: 30 to 03: 30. Electronic quotation 04: 15-22: 30 (Tuesday-Friday) and 08: 00-22: 30 (Monday).
Extended data
American crude oil company is the benchmark oil for futures pricing based on American market, while Brent crude oil is the benchmark oil for spot market based on European market. There are great differences between them, but there are also similarities.
As a major consumer of crude oil in the United States and the global influence of the New York Futures Exchange, crude oil futures trading based on WTI in the United States has become the leader of global commodity futures. The international oil price basically refers to the US crude oil futures.
Brent crude oil is very close to American crude oil company in quality and price. From the statistics of crude oil prices in the past 10 years, the two are almost synchronous, and Brent crude oil is generally about 5% lower than American crude oil.
At present, the price of crude oil is around $46, which is in a relatively low price period. Some "crude oil technical analysis service agencies" believe that the international crude oil price is around 70 dollars/barrel.
Baidu encyclopedia-American crude oil