Investment in crude oil-related products is one of the fastest growing markets in the global financial market. At present, most crude oil trades in the international market use benchmark oils in major regions as pricing references, and the final settlement price of crude oil trade is based on the spot transaction or futures transaction price of the benchmark oil at a certain period of time before or after the delivery or bill of lading date plus a premium. By region, all crude oil produced or sold in North America is based on the spot price of WTI crude oil traded on the New York Mercantile Exchange (NYMEX); crude oil sold from the former Soviet Union, Africa and the Middle East to Europe is based on Brent Crude oil is used as a benchmark for pricing; crude oil produced by Middle East oil-producing countries or sold from the Middle East to Asia was previously priced with Dubai crude oil in the UAE as the benchmark oil; the oil products referenced in the Far East market are mainly tapis light crude oil (TAPIS) from Malaysia and Indonesia Minas crude oil (MINAS).