CPT MarketsThe escalating situation in the Middle East has caused oil prices to drop by more than2%! Stay within the day...

Brentcrude oil (Brent Oil)：

Brent crude oil fell to78.79Nearby, concerns about supply in the Middle East continue to exist due to increased military operations in the Red Sea, andOPEC+The expectations of the meeting also kept traders cautious, with crude oil prices falling more than2%。

In terms of bearish data, oil prices have fallen2%It was due to erroneous market speculation that Israel agreed to the Gaza ceasefire proposal. In fact, Qatari officials told Reuters that Hamas has responded positively to the ceasefire proposal, but has not yet made a formal response. In addition, at Thursday's meeting, a major member group led by Saudi Arabia suggested not to change policies. Preliminary export data showsOPECThe new round of production cuts is slow, and the oil market remains fragile. Despite the four conflicts in the Middle East and attacks on Red Sea shipping, Brent crude oilfuturesThe increase this year is limited and will remain at per barrel80Above the US dollar. The Saudi Energy Minister stated that if currentOPEC+The production reduction can definitely be extended beyond the first quarter. This decision usually needs to be made within the3Made at the beginning of the month.

In terms of Lido data, recent tensions in the Middle East have been driving up oil prices, and the market is concerned that the Yemeni Hussai armed forces will launch attacks on shipping in the Red Sea, which will increase costs and disrupt global oil trade. The Hussein organization also stated that it will continue to attack US and British warships, calling it a self-defense act. In addition,OPEC+Currently voluntarily reducing daily production220Ten thousand barrels, the production reduction plan was implemented last year11Announcement of the month. OPEC+The lackluster production reduction performance at the end of last year is a key point in the oil price debate, as this indicates that the market tension this year is lower than initially expected. OPECAvoid discussing policy adjustments during the meeting. The oil market remains fragile. OPECIt stated that it will adhere to its production reduction plan this quarter as the organization seeks to avoid oil surplus and boost prices.

Press from above(Upper resistance) 78.70，79.20； From the downward direction, the lower support78.40。

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.