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CPT Markets: Russian dilutionOPEC+The prospect of further production cuts will suppress oil prices! Within the day...

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Brentcrude oil (Brent Oil):
CPT Markets: Russian dilutionOPEC+The prospect of further production cuts will suppress oil prices! Within the day...846 / author:CPT / PostsID:1721271




Brent crude oil fell to76.13Nearby, therefore former Russian Deputy Prime Minister Novak downplayedOPEC+The prospect of further production cuts at next week's meeting has put pressure on the downward weakness of oil prices.

In terms of bearish data, according to TASS, on Thursday, the Deputy Prime Minister of Russia Novak stated that it is expected thatOPEC+stay6month4No new measures will be taken at the meeting on the day of. Novak also stated that he expects Brent crude oil prices to be higher than per barrel by the end of this year80USD. according toCMEFederal Reserve observations indicate that the Federal Reserve6The probability of maintaining interest rates unchanged on a monthly basis is50.6%Interest rate hike25Bps to5.00%-5.25%The probability of the interval is49.4%; reach7The probability of maintaining monthly interest rates at the current level is25.5%Accumulated interest rate increase25The probability of a basis point is50.0%Accumulated interest rate increase50The probability of a basis point is24.5%。

In terms of Lido data, on Thursday, the US President Biden And the Republican Speaker of the House of Representatives McCarthy Seems close to cutting expenses and raising government31.4An agreement has been reached on a trillion dollar debt ceiling, and there is currently little time left for them to avoid default risks. According to a person familiar with the negotiations, the agreement will stipulate the total amount of government expenditure on disposable projects such as housing and education, but will not break it down into various categories. Another source pointed out that the difference in opinions between the two sides in this regard is only700Billion US dollars, and the total amount involved in the agreement far exceeds1Trillion US dollars. In addition, the US stock market generally closed higher, including the S&P index closing higher0.88%And the Nasdaq Index closed higher1.71%。

In summary, oil prices have been downplayed by Russian Deputy Prime Minister NovakOPEC+At the meeting next week, the prospect of further production reduction fell back, but Biden and McCarthy seemed close to reaching an agreement on the US debt ceiling, which triggered some optimism and limited the decline of oil prices; Focus on the United States during the day4monthPCEAnnual rate of price index and monthly rate of durable goods orders.

Press from above(Upper resistance) 76.10,76.50; From the downward direction, the lower support75.80。

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.




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