Oil Market Shifts Towards 24/7 Trading Amid Geopolitical Uncertainty
The oil market has long been bound by traditional trading hours, but the recent rise in geopolitical risk has accelerated a shift towards 24/7 trading. This trend is being driven by the need for traders to have immediate access to risk management opportunities, particularly during times of crisis. Crypto companies are now capitalizing on this trend, launching new products that enable traders to buy and sell oil at any time.
One such company is Wintermute, which has launched a 24/7 trading platform for crude oil. The platform allows users to post both fiat and crypto as collateral and trade around the clock through OTC channels. This move is part of a broader push towards extended-hour markets across multiple asset classes, including equities and commodities.
