CPT Markets：EIARaising oil consumption growth expectations will boost oil prices! Follow in the dayEIA...

Brentcrude oil (Brent Oil)：

Brent crude oil rose and fell behind in the middle of the day on Tuesday. Today, it opened at79.47Nearby, due toEIAThe increase in oil consumption growth expectations has boosted oil prices.

In terms of Lido data, the US Energy Information Administration on TuesdayEIAThe forecast for the growth of crude oil production and oil consumption this year has been raised and is expected to increase further next year. specificEIAestimate2023US crude oil production will increase in5510000 barrels/Day, reach1241Million barrels, and crude oil production will increase next year4010000 barrels/Day, reach128110000 barrels/Day. In addition, all three major US stock markets closed higher, including the S&P index0.69%The Dow Jones Industrial Average closed higher0.56%And the Nasdaq Index closed higher1.01%。

In terms of bearish data, the American Petroleum InstituteAPIThe data shows that crude oil inventories in the United States unexpectedly surged last week, and gasoline and distillate inventories also rose. by1month6The inventory of crude oil depots surged during the current week1486.510000 barrels, gasoline inventory increased183Increase of 10000 barrels and distillate oil inventory109Ten thousand barrels. In addition, on Tuesday, the US Treasury Secretary Yellen stated that so far, Western countries have12The Price ceiling imposed on Rosneft in August seems to be achieving its goal of limiting its revenue while keeping Rosneft on the market. The World Bank has lowered many countries' growth forecasts for this year to levels on the brink of recession, as the impact of central bank interest rate hikes intensifies, the Russia Ukraine war continues, and the world's major economic engines stagnate. The World Bank stated that it is now expected that2023GlobalGDPincrease1.7%。

In summary, oil prices are affected byEIAThe increase in oil consumption growth expectations and the rise in US stocks have boosted, butAPIThe surge in oil storage has limited the rise in oil prices; Follow within the dayEIAData and Waiting for Thursday's US Consumer Price IndexCPIData to search for clues to recent prospects.

Press from above(Upper resistance) 79.40，79.90； From the downward direction, the lower support79.00。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.