Midday crude oil analysis: Escalating Russia-Ukraine conflict continues to drive international oil prices higher...
During the early trading session in Asia, as the conflict between Russia and Ukraine intensifies, the price of Brent crude oil futures has slightly increased.
OPEC+ has very little room for maneuver: the oil price war cannot be won, and it is also impossible to further reduce production.
OPEC+ may continue to make significant production cuts for a longer period of time.
Midday crude oil analysis: USA crude oil inventories rise to a 14-week high, why is the crude oil price still rising?
Despite the usa crude oil product inventory rising to a 14-week high, brent crude oil futures slightly increased in asia's early trading.
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Trump has become a bearish factor, clearing the geopolitical risk premium in the oil market!
The clearing of geopolitical risk premiums is the latest indication that traders believe there is almost no room for oil prices to rise.
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