CPT MarketsConcerns about US oil supply disruptions and rising temperatures have caused oil prices to rebound by over1%! Within the day...

Brentcrude oil (Brent Oil)：

Brent crude oil rose sharply after closing high on Monday, and opened today with a rise of81.83Nearby, European diesel was constrained by sanctions against Russia and shipping disruptions due to market concerns that US refineries would be limited in refining capacity due to planned maintenance Demand drives up oil prices.

In terms of positive data, in recent weeks, the decrease in US refining activities and global trade disruptions have led to a tightening of diesel supply, limiting the impact of record breaking US diesel exports to Europe on the market this month. This month, the price difference of diesel cracking in the United States surged to over a barrel48The four month high of the US dollar has suppressed arbitrage opportunities for exporting diesel to Europe. The Central Command of the United States stated that the Yemeni Hussein militants almost hit an oil tanker flying the US flag on Saturday. A tanker that was hit by the organization last week has been abandoned, and some have seen the fuel loaded on the tanker leak into the Red Sea. In addition, US financial services institutionsBOKVice President in charge of transactions at a financial companyDennis KisslerHe said that with the global crude oil inventory lower than the level of the same period last year, the strong travel report after the Chinese Spring Festival holiday and the upcoming U.S. driving season, the market has gained some fundamental support.KisslerMost traders still believe that crude oil demand is better than expected, and many hedge funds are still watching, so there is still a lot of purchasing power in the market.

On the other hand, Goldman Sachs has adjusted its Brent crude oil price target to87dollar/Barrels, due to disruptions in the Red Sea causing pressure on inventory, prices will soar in the summer, which means Brent crude oil prices are still close to9%The premium can be For competition. Goldman Sachs' report has several key points: maintaining a moderate geopolitical premium, butOPECOvercapacity means limited upward space. BMOThe bank's strategist analyzed the prospects of oil and stated that althoughWTIOil currently seems to be comfortably maintaining its current level, but we suspect that this situation may not last too long. Given the historical volatility of crude oil prices, they may eventually break through the current trading range, but it is undeniable that due to increased uncertainty, we are uncertain about the direction of the next major trend.

Press from above(Upper resistance) 81.80，82.20； From the downward direction, the lower support81.50。

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.