Wednesday(8month24day)International oil prices have reached a new high in over three weeks, continuing the overnight surge. Amidst the continuous positive news of the resumption of the Iran nuclear agreement, investors are concerned that major oil producing countries may launch new potential production cuts. The recent surge in natural gas prices has also boosted expectations of tight crude oil supply. The two major markets surged overnight and nearly4%. Previously, the Organization of the Petroleum Exporting Countries(OPEC)Saudi Arabian Energy Minister Abdulaziz, the actual leader, stated that the organization may reduce supply to balance the market. He said that the oil market has fallen into "schizophrenia", and derivatives and spot prices are becoming increasingly disconnected. American Petroleum Institute(APIAccording to data released on Tuesday, as of8month19US crude oil inventories decrease during the current week563.210000 barrels, but analysts estimate a decrease150Ten thousand barrels, this highlights the tight supply. Despite an increase in gasoline and distillate inventories. Official US Energy Information Agency(EIA)Weekly oil inventory data will be available on Wednesday Beijing time22:30Announcement.
Serve as an analyst and commentator for well-known financial channels such as "Golden Net" and "Globalforeign exchange》Professional contributors to several well-known financial forums such as "Huitong Net" and "Zhongjin Net", specializing in short, medium, and long term operations of gold, crude oil, and silver. Investment is risky, and caution should be exercised when entering the market. Suggestions are for reference only; This article is original by Dingsheng Jinshi, who carefully writes every analysis and conveys valuable investment concepts. If there is any similarity, it is purely plagiarism. Readers should be discerning and respect originality!