Pay with

USD

Supports Visa, Mastercard, SEPA & more

Flexible trading, zero fees

Use your crypto for payments worldwide

Grow your wealth in fiat investment

Basic

Trade crypto freely

Magnify your profit with leverage

Convert & Auto-Invest

Trade any size with no fees and no slippage

Get exposure to leveraged positions simply

Pre-Market Trading

Trade new tokens before listing

Advanced

Trade on-chain with Gate Wallet

Smart access to new on-chain tokens

Smart strategies with automated trading

Follow expert trading strategies

CrossEx Trading

One margin balance, shared across platforms

Access hundreds of perpetual contracts

One platform for global traditional assets

Trade European-style vanilla options

Unified Account

Maximize your capital efficiency

Introduction to Futures Trading

Learn the basics of futures trading

Join events to earn rewards

Use virtual funds to practice risk-free trading

Launch

Collect candies to earn airdrops

Quick staking, earn potential new tokens

Hold GT and get massive airdrops for free

Unlock full access to global stock IPOs

Trade on-chain assets and earn airdrops

Earn futures points and claim airdrop rewards

Investment

Earn interest with idle tokens

Auto-invest on a regular basis

Dual Investment

Profit from market volatility

Earn rewards with flexible staking

Pledge one crypto to borrow another

One-stop lending hub

Premium wealth growth plans

Private Wealth Management

Premium asset allocation

Top-tier quant strategies

Stake cryptos to earn in PoS products

No-liquidation leverage

Mint GUSD for RWA returns

Post, share, and explore crypto trends

Live crypto market analysis

Chat with crypto traders

What is happening in crypto

More

Promotions

Activity Center

Participate in activities to earn rewards

Invite friends to earn referral rewards

Affiliate Program

Earn exclusive commission rewards

Grow influence and earn airdrops

Real-time platform updates

Crypto industry articles

Huge fee discounts

Asset Management

One‑stop asset management solution

Enterprise digital asset solutions

Developers (API)

Connects to the Gate application ecosystem

OTC Bank Transfer

Deposit and withdraw fiat

Generous API rebate mechanisms

AI

Your all-in-one conversational AI partner

Use Gate AI directly in your social App

Gate Blue Lobster, ready to go

Gate for AI Agent

AI infrastructure, Gate MCP, Skills, and CLI

Gate Skills Hub

From office tasks to trading, the all-in-one skill hub makes AI even more useful.

Smartly choose from 40+ AI models, with 0% extra fees

Others

Find FAQs and help guides

Learn about crypto investing

Grow with the champions

Proof of Reserves

Gate promises 100% proof of reserves

Keep your assets secure

U.S. EIA Crude Oil Inventory Falls 7.863M Barrels; SPR Drawdown Hits Historic Record on May 15

GateNews

Commodities Prediction Market Macroeconomics

2026-05-20 14:46:06

POLYMARKET11.19%

According to BlockBeats, on May 20, the U.S. EIA crude oil inventory declined by 7.863 million barrels for the week ending May 15, exceeding analyst expectations of a 2.942 million barrel decline. The Strategic Petroleum Reserve drawdown reached a historic record level.

Meanwhile, according to PolyBeats, Polymarket traders estimate a 43% probability that WTI crude will close at $110 per barrel this month, with 19% odds of reaching $120 and 8% odds of hitting $130.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

U.S. Crude Oil Inventories Fall 7.863 Million Barrels in Week Ending May 15, Exceeding Expectations

U.S. Strategic Petroleum Reserves Hit Record Weekly Decline for Week Ending May 15

U.S. Strategic Petroleum Reserve Declines 9.92M Barrels for Week Ending May 15

U.S. Crude Oil Inventories Fall 7.86M Barrels for Week Ending May 15

U.S. Refinery Crude Oil Inventories Rise 372,000 Barrels for Week Ended May 15, Beating Expectations

In-Depth Analysis

US stock futures fall; chip stocks under pressure: how the Iran-U.S. situation and oil price swings affect the crypto market

Gate Instant Trends05-19 13:24

Bitcoin ETFs Post $208M Outflows on May 18 Amid Market Weakness

Crypto Frontier05-19 10:14

Crypto Funds See $1B Outflows Amid Iran Tensions

Crypto Frontier05-19 09:07

Comment

0/400

No comments