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CPT Markets: USAEIAOil storage increases significantly, oil prices unexpectedly maintain rebound support! day...

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CPT Markets: USAEIAOil storage increases significantly, oil prices unexpectedly maintain rebound support! day...743 / author:CPT / PostsID:1727988

Brentcrude oil (Brent Oil):

CPT Markets: USAEIAOil storage increases significantly, oil prices unexpectedly maintain rebound support! day...684 / author:CPT / PostsID:1727988





Brent crude oil rose sharply after closing high on Wednesday and rose to85.60Nearby, despite the United StatesEIAOil storage has increased significantly, and oil prices have unexpectedly maintained rebound support.

In terms of Lido data, according to market analystsJohn KempReportedly, the latest weekly data shows that traders are trading at2020The fastest purchase of oil since the beginning of the year. The price of oil is on the rise. of course,OPECIt is not the only factor behind the emotional changes of traders. The disruption of Russian refineries caused by Ukrainian drone attacks is also closely related to the increasingly bullish oil market. Recently, there have been reports that the United States has urged Ukraine to stop targeting Russian refineries, but Ukraine has refused to do so, which may also strengthen this impact. Analysts have also improved their outlook for the global economy, and it seems that the outlook is no longer as bleak as last year, so predictions for oil demand are improving. A month ago, the International Monetary FundIMFIt has raised its forecast for the global economy, and S&P Global Market Intelligence has also raised its forecast. Therefore, traders have once again bought a large amount of oil.

In terms of bearish data, the US Energy Information AgencyEIAAnnouncement as of3month22The daily and weekly changes in crude oil and gasoline inventories were higher than expected316.5Wanhe129.9Ten thousand barrels. Previously, according to the American Petroleum InstituteAPIData as of3month22In the past week, US crude oil inventories increased930Increase in inventory of 10000 barrels and distillate oil53.1Ten thousand barrels. Although oil prices climbed to10Since the beginning of the month, it has reached a new high, but there has been a slight decline this week. Currently, it is still lower than3The average closing price in the first week of the month is about3%。 Market StrategistJun Rong YeapThe sharp increase in US crude oil inventories andOPEC+The expectation that no action may be taken next week has led to further selling pressure and accelerated3Profit taking after a strong rise in mid month.

Press from above(Upper resistance) 85.60,86.00; From the downward direction, the lower support85.20。

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.



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