CPT Markets : The market's optimistic attitude towards Asian fuel demand has boosted oil prices! Within the day...

Brentcrude oil (Brent Oil)：

After a significant increase in Brent crude oil on Monday, it opened for consolidation today82.62Nearby, as the market is optimistic that China's holiday tourism will boost fuel demand in the world's largest oil importing country, the EU Council has passed a resolution on Iran's7The resolution of the round of sanctions increases the risk of geopolitical tension, providing upward support for oil prices.

In terms of positive factors, China's overseas travel bookings during the upcoming May Day holiday indicate that travel to Asian countries will continue to recover. However, due to the soaring prices of long-distance air tickets and insufficient flights, these numbers are still far lower than before the epidemic. Mizuho Bank Energyfutureschief inspectorBob  YawgerThere is a lot of optimism surrounding the Chinese holiday, as it involves aviation coal demand, which is the first real number of demand construction in China. becauseOPEC+Oil producing countries plan to start from5Starting from the beginning of the month, additional supply cuts may also boost prices due to tight supply. Independent Oil AnalystSugandha  Sachdevaexpress,OPEC+The production reduction planned by the Soyuz programme and the strong demand prospect in China may help the price in the next few days. In addition, Sweden, the rotating presidency of the European Council, announced that the Council of the European Union has passed the Resolution No7Resolution on round of sanctions.

In terms of bearish factors, Russia's crude oil exports show no signs of declining, despite the Russian government stating that it has reduced production. According to the tracking data compiled by statistical agencies, as of4month21In the previous week, Russia's crude oil exports decreased by approximately3.510000 barrels/Solstice34010000 barrels/Day. Based on the average level of four weeks, the overall sea freight export volume has increased7.210000 barrels/Solstice34610000 barrels/Day, for10The highest level in months.

In summary, oil prices have been boosted by the market's optimistic attitude towards Asian fuel demand, but Russian crude oil exports remain high, limiting the upward trend of oil prices; Focus on the United States during the day4Monthly consultation on consumer confidence.

Press from above(Upper resistance) 82.60，83.00； From the downward direction, the lower support82.20。

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.