Crude Oil Product
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Zhonghui Futures crude Oil Daily 20221024: crude oil demand is not expected, crude oil prices fluctuate downward
Zhonghui Futures crude Oil Daily 20221024: crude oil demand is not expected, crude oil prices fluctuate downward
After NYMEX crude oil, the market is expected to drop by $84.22
On Monday (October 24), international oil prices fell more than 1%. As data showed that demand from China, the world's largest crude oil importer, remained sluggish in September, the NYMEX crude oil market is expected to drop by 84.22 US dollars later. However, US President Joe Biden issued inventory replenishment conditions last week, limiting the decline in oil prices.
Us crude oil trading strategy: a-share plunge, oil price is under pressure, focus on European and American PMI data
Crude oil imports by Asian powers fell in September, slightly dragging down the performance of oil prices, with A shares weakening sharply after a series of delayed Chinese data, raising concerns about the demand outlook. However, investors still need to keep an eye on the game between the United States and Saudi Arabia, with the Biden administration last week extending strategic crude oil supplies after OPEC+ decided to cut production earlier this month to support oil prices.
International crude oil fluctuates upward, domestic refined oil products may rise for the second time in the second half of the year tonight
Under the current domestic refined oil price adjustment mechanism, the price adjustment of domestic oil prices is highly correlated with the trend of international crude oil prices during the period. According to the “Refined Oil Pricing Mechanism”, the adjustment of domestic refined oil products is mainly based on the rate of change obtained by comparing the weighted average price of international crude oil prices over 10 working days with the weighted average price of international crude oil prices in the previous cycle.
Concept Nuggets | Is a wave of global crude oil production expanding? Oil service leader wins 14 billion orders from the Middle East, and the industry is on a positive recovery trend
Is it easy to get orders?
Morning Review of Changan Futures crude Oil: the price material fluctuates widely, it is recommended to wait and see or short-range operation.
On October 24, Changan Futures issued a morning review of crude oil, saying that the US government's three-board axe had little effect in regulating oil prices, and that long-short factors pulled down oil prices or maintained shocks, suggesting wait-and-see or short-term operations.
National Bureau of Statistics: industrial raw coal, crude oil and natural gas production increased year-on-year in September. Electricity production declined.
The National Bureau of Statistics released energy production in September 2022 on Oct. 24, Zhitong Financial APP learned. In September, large-scale industrial raw coal, crude oil and natural gas production increased compared with the same period last year, while electricity production decreased. The production of raw coal was 390 million tons, an increase of 12.3 percent over the same period last year, an increase of 4.2 percent over the previous month, with an average daily output of 12.89 million tons. 56.81 million tons of crude oil was processed, an increase of 1.9 percent over the same period last year, compared with a decrease of 6.5 percent last month, with an average daily processing of 1.894 million tons. Natural gas production was 16.4 billion cubic meters, an increase of 4.6 percent over the same period last year, with an average daily output of 1.7 percent lower than that of the previous month.
Express News | NYMEX diesel November futures settled at $3.8323 a gallon, NYMEX gasoline settled at $2.6620 a gallon, and NYMEX WTI crude oil futures closed at $85.05 a barrel.
Express News | WTI December crude oil futures closed up 54 cents, or 0.64 percent, at $85.05 a barrel.
Express News | Intercontinental Exchange Inc (ICE): in the week ended October 18, the speculative net long position in Brent crude oil futures decreased by 24286 contracts to 176877 contracts. The speculative net long position in gasoline futures increased by 3072 contr
Express News | WTI crude oil fluctuated little in the short term, trading at $85.16 a barrel.
Express News | WTI crude oil rose $1.25 in the short term to $85.64 a barrel, while oil distribution rose $1.07 to $93.56 in the short term.
NYMEX crude oil test support of US $83.55
On Friday (October 21), international oil prices fell and the market continued to assess the impact of sharp interest rate hikes by global central banks on energy consumption. But the decline was limited by EU sanctions against Russia and OPEC+ production cuts. NYMEX crude oil test is supported by US $83.55.
Us crude short-term trading strategy: Treasury bond yields soar, oil prices are under pressure, focus on drilling data
Expectations of further aggressive interest rate increases by the Federal Reserve continue to rise, the dollar is strong, US bond yields are rising, 10-year Treasury yields are above their highs since June 2008, stock markets have fallen, and oil prices have been depressed by President Joe Biden's announcement of further release of strategic crude oil reserves in order to rein in gasoline prices before the mid-term elections. Relatively speaking, the short-term oil price tends to shock operation, in view of the overnight high decline, suggesting that the upper selling pressure is stronger, the short-term slightly inclined to shock downward.
Early Review of crude Oil in Changan Futures: you can stay on the sidelines and should not overchase the rise and fall
On October 21, Changan Futures issued a morning review of crude oil, thinking that crude oil may show a more volatile trend, and it is suggested that it should be based on a neutral short gap, which can be kept on the sidelines and should not be excessive in pursuit of rising and falling.
Citic Construction Investment Futures morning strategy: gold and silver is expected to run in a short-term shock, crude oil wait and see, Apple Inc can consider light warehouse test more
On October 21, CITIC Construction Investment Futures issued a morning strategy, believing that gold and silver is expected to run in a short-term shock, crude oil is expected to wait and see, soybean meal empty orders continue to be held, Apple Inc can consider light warehouse trials, and pig 01 contract basis is expected to maintain a high level. the long-term fluctuation space is limited.
Express News | WTI crude oil rose to 1.00% on the day and is now trading at US $86.72 per barrel.
Express News | Brent crude extended its daily gain to 2.00% to $94.25 a barrel.
Oil prices are rising! Goldman Sachs's target price of $100 is just around the corner. How long will it take to rise?
Goldman Sachs said it is “extremely bullish” on commodities and believes a 10-year supercycle may occur. If Iran does not resume exports, it may see oil prices reach $100 per barrel this year.
Express News | OPEC expert group: the release of strategic oil reserves seduced by the Biden administration may lead to oversupply