Post a new post
Open the left side

CPT MarketsLast week, the significant decrease in crude oil inventories in the United States boosted oil prices! Follow the United States within the day...

[Copy Link]
445 0

Register now, make more friends, enjoy more functions, and let you play in the community easily.

You need Sign in Can be downloaded or viewed without an account?Register Now WeChat login

x
Brentcrude oil (Brent Oil):
CPT MarketsLast week, the significant decrease in crude oil inventories in the United States boosted oil prices! Follow the United States within the day...873 / author:CPT / PostsID:1725491




Brent crude oil closed sharply higher on Tuesday1.65%After reaching a high in over a week, the market opened today at84.95Nearby, due toAPIThe unexpected sudden drop in oil storage has boosted oil prices.

APIThe latest data shows that US crude oil inventories significantly decreased last week, as of8month25The daily and weekly oil inventory has decreased to1148.6Ten thousand barrels. Additionally, the United States7The main monthly employment data is approaching pre pandemic levels, which is a sign of a cooling job market. Federal Reserve officials hope that this trend can reduce inflation without a significant increase in unemployment. In addition, all three major US stock markets closed higher, including a rise in the S&P index1.45%The Dow Jones industrial average rose0.85%And the Nasdaq Index rose1.74%. By TeslaNvidia(Huida/INVIDIA)Boosted by other large growth stocks, previously released data showed that the United States7The decrease in monthly job vacancies has strengthened expectations that the Federal Reserve will suspend interest rate hikes.

In addition, according to the National Hurricane Center in MiamiNHCForecast, HurricaneIdaliaThe strength will reach level three--A major hurricane with a maximum sustained wind speed of at least111mile/hour(179kilometre/hour)。 IdaliaIt will make landfall on the Gulf Coast of Florida early Wednesday morning. In terms of geopolitical situation, the United States announced a new military assistance plan for Ukraine on Tuesday, which includes air defense and artillery ammunition, minesweeping equipment, and medical vehicles. US Secretary of State Antony Blinken said in a statement that the latest package includes additional demining equipment, anti-aircraft missiles, artillery ammunition, seahorse rockets and more than300Ten thousand rounds of light weapon ammunition.

In summary, whether it is the expected cooling of the Federal Reserve's interest rate hike, the decline of the US dollar, the rise of US stocks, the possibility of a US hurricane affecting supply, a significant decline in crude oil inventories, or geopolitical tensions, all tend to support oil prices; Focus on the United States during the dayGDPAnd consumer confidence in the eurozone.

Press from above(Upper resistance) 84.90,85.20; From the downward direction, the lower support84.50。

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.



"Small gifts, come to Huiyi to support me"
No one has offered a reward yet. Give me some support
comiis_nologin
You need to log in before you can reply Sign in | Register Now WeChat login

Point rules of this version

Pepperstone-4
more

Customer Service Center

238-168-2638 QQcustomer service Monday to Friday 20:00-24:00
Quick reply Back to top Back to list