1, trading time is different. The trading time of American crude oil in the external market is much longer than that of domestic spot crude oil.

2. The risks are different. Because the foreign crude oil in the United States is not regulated by law, the funds are unsafe and the leverage is relatively large, which is easy to explode. However, under the guise of low water fee, most foreign crude oil has the risk of running away, and the principal is easily lost. The inner disk is regulated by domestic laws, and the funds are managed by the third party of the bank, so there is no risk in the principal and the handling fee is higher than that of the outer disk.

3. In terms of trading varieties. China crude oil trading in sulfur crude oil, American crude oil futures trading in light and low sulfur crude oil.

4. Different pricing methods. China crude oil transactions are denominated in RMB, while OTC US crude oil is denominated in US dollars.

Extended data:

Current situation of domestic and international oil markets:

1. China developed crude oil relatively late. From the first oil well to the Second World War, the United States once controlled two-thirds of the world's crude oil production, while China's annual oil production was only 6.5438+0.2 million tons.

2. The oil resources and reserves of the United States far exceed those of China. The proven oil reserves of the United States are 48.5, while that of China is only 18.5 (unit: billion barrels). At the same time, the population of the United States is less than a quarter of that of China. The United States "has more oil but less people", while China "has less oil and more people".

3. The oil price in China just looks "expensive". The main reason is that domestic oil prices include not only crude oil prices, but also the costs of refining, oil transportation and gas stations. Finally, add fuel tax. Take 92 # gasoline with a price of 5.67 yuan/liter as an example. If tax is not included, the price per liter should be 2.95 yuan, which is actually the same as that of most gas stations in the United States.

4. Spot crude oil, similar to stocks, is a wealth management product vigorously promoted by the state, and the launch of spot just makes up for the defect that the stock market is long and not short. Its trend is completely in sync with the international market, and its products are open, fair and transparent.

Baidu encyclopedia-spot oil

China Economic Net-Five Highlights of China Crude Oil Futures: What is the significance of RMB pricing?