CPT Markets：OPEC+Global supply tightening helps push oil prices to a three-month high! Within the day...

Brentcrude oil (Brent Oil)：

After a significant increase in Brent crude oil on Monday, it opened for consolidation today85.26Nearby, signs of global supply tightening and demand growth for the rest of this year have supported the upward trend in oil prices.

In terms of favorable factors, according to surveys,7Organization of Petroleum Exporting CountriesOPECOil production has decreased due toOPEC+As part of the latest agreement among oil producing countries to support the market, Saudi Arabia has voluntarily reduced production and suspended exports from a port in Nigeria, limiting supply. The investigation found that,7monthOPECThe oil production of is273410000 barrels/Day6Monthly decrease8410000 barrels/Day. According to a survey by foreign media, this is2021year9The lowest level since the beginning of the month. In addition, all three major US stock markets closed higher, including the S&P Index closing higher0.18%The Dow Jones Industrial Average closed higher0.28%And the Nasdaq Index closed higher0.21%。

In terms of bearish factors, on Monday, the US Energy Information AdministrationEIAAccording to the published data,5US crude oil and oil product supply increased in the month2,07810000 barrels/Day, for2019year8September, the highest level since the COVID-19 pandemic led to a sharp decline in global energy demand. This is a measure of demand. 5The monthly supply of finished gasoline for vehicles has increased91110000 barrels/Day, for2022year6The highest level since the beginning of the month. In addition, according to Japanese media7month31According to the daily newspaper, Typhoon Kanu is moving towards the Okinawa and Amami Islands regions of Japan, bringing a storm to the area and is expected to continue until8month2Day. Affected by this, a large number of flights at Naha Airport in Okinawa were forced to be cancelled yesterday, resulting in a large number of passengers stranded at the airport.

In summary, oil prices have been boosted by supply tightening and overall gains in US stocks, although the US5The increase in monthly supply of crude oil and refined oil, as well as flight cancellations caused by natural disasters, have limited the rise in oil prices; Focus on the United States during the day7monthISMmanufacturingPMISpeaking to Federal Reserve officials.

Press from above(Upper resistance) 85.20，85.70； From the downward direction, the lower support84.90。

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.