The hottest oil price faces a deep correction and

2022-08-14
  • Detail

Oil prices may rebound at any time in the face of a deep correction

weekly trend of crude oil, analysis of fund positions, analysis of the future market, etc

1、 All sectors of the crude oil market have made good comments, such as the tide week market

varieties

7.14

7.15

7.16

7.17

7.18

changes from last week

wti crude oil

145.18

138.74

134.60

129.29

128.88

-16.20

Brent crude oil

143.92

138.75

136.75

131.07

130.19

-14.30 Singapore fuel oil one week market price

varieties

7.14

7.15

7.16

7.17

7.18

change from last week

Singapore high sulfur 180

772.72

783.40

772.60

757.40

732.65

-37.85

Singapore high sulfur 380

748.90

759.90

751.00

738.60

715.20

-30.80 2. The latest crude oil market closing report

[New York Mercantile Exchange]

crude oil price trend chart of the New York Mercantile Exchange. (source: Everbright futures)

NYMEX crude oil continued its decline for the fourth day, as the market worried about demand

crude oil futures prices on the New York commercial Futures Exchange (NYMEX) closed lower for the fourth consecutive day on Friday. As concerns about demand continued, the market temporarily put aside anxiety about the possible formation of a storm and the weekend meeting between the world's major countries and Iran

the clq8 settlement price of NYMEX August crude oil futures closed lower. The proprietary technology of mixing and dispersion is very important for "functionalized" graphene (even if other chemical groups are combined with it), 41 cents, or 0.32%, to $128.88 per barrel, with an intraday trading range of 128 $04

oil prices rose for most of the trading day, but a round of selling of August contracts before their expiration on Tuesday emerged in late trading, dragging down oil prices

in four days, crude oil in August fell by $16.30, or 11.23%, from the settlement price of $145.18 on Monday It fell $19.04, or 12.93 percent, from a record high of $147.27 a week ago

bnp Paribas commodity futures analyst Tom Bentz said that the market is worried that the formation of a low-pressure system in the Eastern Caribbean may strengthen into a tropical depression, "but it is not clear whether it will eventually form."

other analysts said that the weakness of major metal markets, including gold, silver and copper, also seemed to drag down oil prices

London September cloth has now been replaced by numerical control equipment and PC software. Rand crude oil futures lcoq8 closed down 88 cents, or 0.67%, at $130.19 a barrel, with an intraday trading range of 129 69 dollars

the American Petroleum Institute (API) said on Friday that the U.S. demand for crude oil and petroleum products in June fell 1.4% year-on-year, as fuel oil prices rose to record highs and the economy was weak, resulting in the largest decline in demand in the first half of 2008 in 17 years

Javier Solana, the EU foreign policy executive committee, and Saeed Jalili, Iran's chief nuclear negotiator, will meet in Geneva on Saturday to find out how Iran responds to the trade, technology and other incentives offered by the international community for Iran to suspend nuclear enrichment

rbob gasoline futures rbq8 in August closed up 0.76 cents, or 0.24%, to $3.1709 per gallon, intraday trading at 3 2385 dollars Last Friday, it hit a record high of $3.6310 in NYMEX

nymex August heating oil futures hoq8 closed down 5.23 cents, or 1.4%, to $3.6915 per gallon, with an intraday trading range of 3 8028 dollars Last Friday, it hit a record high of $4.1586

3 As of 08/07/15, NYMEX crude oil futures classified position report reportable position

fund position

commercial position

reportable total position

non reportable position

report classification

long position

short position

arbitrage

long position

short position

long position

short position

long

short

number of positions

210013

187631

369766

670135

686747

94497

100267

change from last week

252

-15064

150174

-149702

-133393

724

1717

27409

26416

proportion (%)

15.6

14.0

27.5

49.8

51.1

93.0

92.5

70

7.5

number of dealers

88

130

137

85

102

268

286

total positions increased from last week

4 Weekly inventory report of designated delivery warehouse of Shanghai Futures Exchange (7.18)

delivery commodity: fuel oil

unit: ton

region

warehouse

last week's inventory

this week's inventory

inventory increase and decrease

available warehouse capacity

subtotal

futures

subtotal

futures

subtotal

futures

last week

this week

increase and decrease

PetroChina Zhanjiang

54326

4300

54326

4300

0

0

291200

291200

0

South Sha oil depot

26368

0

35868

9500

9500

41370

31870

-9500

Guangdong

zhongran Zhuhai

9850

0

9850

0

0

0

9850

9850

0

0

0

0

0

0

0

29550

29550

0

Taishan Petrochemical

49250

13700

49250

4800

0

-8900

35550

44450

8900

total

139794

18000

149294

18600

9500

600

407520

406920

-600

5 U.S. July 112010 China's biomedical materials market sales have reached nearly $10billion. Daily crude oil inventory in the week -eia

WTI crude oil

Singapore high sulfur 180

Whampoa high sulfur 180

futures contract 810

last week's rise and fall

this week's rise and fall

-16.20

-37.85

- 143

total

according to New York on July 16.According to the news, the data released by the American Energy Information Association (EIA) on Wednesday showed that due to the increase in imports, The unexpected increase in crude oil inventories in the United States last week caused crude oil prices to fall for the second consecutive day

eia data showed that crude oil inventories in the United States increased by 3million barrels to 296.9 million barrels last week, after the market was expected to reduce by 2.1 million barrels. Crude oil inventories increased last week, as daily crude oil imports increased by 1.24 million barrels to 10.79 million barrels

after the report was released, NYMEX crude oil futures fell by more than $6 a barrel

eia data showed that gasoline and distillate inventories in the United States also increased last week, as refinery capacity utilization increased slightly and demand remained sluggish. Gasoline inventories in the United States increased by 2.4 million barrels to 214.2 million barrels last week, and distillate inventories increased by 3.2 million barrels to 125.7 million barrels. Last week, the capacity utilization rate of US refineries was 89.5%, an increase of 0.3% over the previous week

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

Copyright © 2011 JIN SHI