Dong Chenying:10month22The dual benefits of Tsarist Russia have given new confidence in the rise of crude oil

Dong Chenying:10month22The dual benefits of Tsarist Russia,crude oilGain new upward confidence

On Thursday, crude oil prices rose but failed to rebound, as shown in the technical chart52.2The pressure on the position of the US dollar is quite severe. After breaking out of the decline last Thursday, most investors in the market shifted their focus to the strength of the decline. However, after falling directly below the moving average on Thursday, further decline did not occur on Friday.


The rebound in crude oil on the technical chart is a counter trend rebound, clearly driven by news. And yesterday, the news mainly affected by the crude oil trend was still about the supply and demand relationship of fundamentals. Last Friday, the dual benefits of Tsarist Russia prompted prices to quickly stabilize and rebound, and returned to the moving average position. The market trend was eerie, adding to the author's WeChat accountsed856Online guidance for operation to avoid unnecessary losses caused by disk changes.


Russia's attitude towards the issue of crude oil freezing and even reduction is crucial.OPECChairman Balgin has stated that Russia will not be an obstacle to the production restriction plan, while previously tough President of Rosneft, Sergei, has also stated that he will follow government orders. In addition, there has been news of a decline in production from the Saudi side.


The dual benefits led to a rapid rebound in crude oil prices after stabilizing yesterday. Based on the current trend, this rebound will continue. It is recommended to maintain a bullish approach in the short term. However, during this period, Russia has only made a verbal statement about reducing production. If effective measures are not taken next week, crude oil will still fall, and the main support for the current decline in asphalt prices needs to be noted4740 sed856Get help.