CPT MarketsRussia's oil company promises to maintain high prices after reducing production to suppress oil prices! Follow within the day...

Brentcrude oil (Brent Oil)：

Brent crude oil fell to73.82Nearby, due to Russia's oil production remaining high after committing to a three-month reduction, oil prices have weakened.

In terms of bearish data, Russia's crude oil shipments to the international market are slightly decreasing, but there are still no substantial signs of the Kremlin insisting that the country is reducing production. Data display, as of5month28The average sea freight oil export volume for the four weeks of the day has decreased for the first time in six weeks36410000 barrels/Day. The data smoothed out some fluctuations in the weekly data, but showed that crude oil flowing to the international market is still at a high level, more than at the end of last year14010000 barrels/Day, compared to the benchmark month of promised production reduction2Monthly elevation2710000 barrels/Day. Russia continues to emphasize its support for OPEC+The commitment of OPEC+Will be on6month4A meeting will be held on the day to evaluate the response measures of the oil market and the organization to concerns about demand. There are indications that Russia has not fulfilled its production reduction commitments, which may cause dissatisfaction among other member countries.

In terms of bullish data, the US stock market generally closed higher, including the S&P index closing higher0.01%And the Nasdaq Index closed higher0.32%. In addition, Nvidia has reduced its gains after reaching a historic high. The company expects a surge in demand for its artificial intelligence chips, which are configured on the recently popular chatbotsChatGPTAnd other applications. This chip manufacturer has gone up in price3%At closing, the market value is approximately9,910Billion dollars, just a stone's throw away from a trillion dollar club. Currently, six companies have a market value of trillions of dollars or more.

In summary, oil prices have been suppressed by conflicting messages from major oil producing countries, but the general rise in US stocks and the surge in demand for Nvidia chips have limited the decline in oil prices; Key focus for the day will be on the voting of the US House of Representatives on the debt ceiling agreement and the United States4monthJOLTsJob vacancies.

Press from above(Upper resistance) 73.80，74.20； From the downward direction, the lower support73.40。

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.