Su Wenyan:10month24Japan and Iraq do not participate in production reduction plans, short selling crude oil at high levels

Su Wenyan:10month24Iraq does not participate in the production reduction plan,crude oilShort on high

The direction of crude oil prices has always been a topic of concern for market investors, but what will be the direction?From the current situation, there is a possibility for crude oil prices to continue to decline. After the rapid rebound last Friday, why did crude oil open low and move low this morning?Asphalt is about to choose its direction in the volatile market in the coming days, and it can also quickly profit in the volatile market, adding credibilityswy502Author Su Wenyan tells you how to profit and make money in a range of volatile market trends.

In fact, there was some pessimistic news in the crude oil market over the weekend. On Sunday, the head of the Iraqi Oil Marketing Organization, Alamri, stated that Iraq(Including the Kurdish region)9The crude oil export volume for the month is387.110000 barrels/Day. And emphasize that Iraq will not reduce crude oil production. Alamri stated that there is no doubt that Iraq's crude oil production has exceeded47010000 barrels/Day. However, no matter what, Iraq will not reduce production in any way, let alone participate in itOPECOr any production reduction plan of any other organization.

Based on the current situation, Iraq has expressed unwillingness to joinOPECplan11month30The production restriction agreement discussed in Japan has directly led to a decline in oil prices. ifOPECIf Iraq, the second largest oil producing country, does not participate, it will be difficult to achieve the production reduction target. When you are confused about the future, please stop and focus on your goals!Dreams are not floating clouds, but precipitation and accumulation!Only the beauty that is pieced together, not the brilliance that awaits. Those who believe in me will earn it with you, while those who doubt me will earn it for you to see!Specific operational suggestions and author's authorityswy502Let me tell you our secret to making money.

Since that's the case, there's no reason why crude oil doesn't fall. The current crude oil market mainly needs to pay attention to the position of today's short selling gap4770The nearby pressure, I believe, will also be a good place to short crude oil levels. If nothing unexpected happens, short selling here will bring some benefits. It is recommended that investors maintain the mentality of continuing to short at high levels. If you are not sure about the trend direction, you can add the author Su Wenyan Weixinswy502I can provide you with guidance and analysis to prevent errors from happening again.