CPT Markets：EIAUnexpected surge in oil storage has suppressed the rise in oil prices! Follow the European Central Bank within the day...

Brentcrude oil (Brent Oil)：

Brent crude oil rose and fell after closing high on Wednesday, and opened today to consolidate91.70Nearby, oil prices hit earlier due to an unexpected increase in US crude oil inventories offsetting expectations of tight crude oil supply for the rest of the year10After a high of six months, it remained almost unchanged.

In terms of Lido data,Lipow Oil AssociatesCEOAndrew LipowThe overall situation is that Saudi Arabia and Russia have extended their voluntary production cuts. International Energy AgencyIEAIndicates that these two countries have implemented daily130The deadline for reducing crude oil production by 10000 barrels has been extended until the end of the year, which will lead to a significant supply shortage in the market in the fourth quarter. Analysts at Bank of America suggest that continued supply cuts may affect Brent crude oilfuturesBreak through each barrel by the end of the year100The threshold of the US dollar.

In terms of bearish data, the US Energy Information AdministrationEIAAnnouncement as of9month8The inventory of crude oil in the current week has increased to395.410000 barrels, gasoline inventory increased to55610000 barrels and refined oil storage increased to393.1Ten thousand barrels. Other data shows that as summer driving in the United States progresses9month4The Labor Day holiday has ended, and fuel demand has decreased.

In summary, oil prices have been boosted by the extension of voluntary production cuts by Russia and Russia, butEIAThe unexpected surge in oil storage has limited the rise in oil prices; Key focus for the day will be on the European Central Bank's interest rate resolution and the United States8Monthly terrorist data.

Press from above(Upper resistance) 91.70，92.10； From the downward direction, the lower support91.30。

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.