Group 1 - The domestic energy chemical sector showed positive performance on May 20, with fuel oil futures experiencing fluctuations and a price increase of 1.91% [1] - Japan's commercial aviation fuel inventory decreased to 750,500 kiloliters as of May 17, down from 761,400 kiloliters, indicating a reduction of 10,912 kiloliters [1] - Egypt's state-owned oil company announced a demand for 2 million tons of fuel oil for delivery in May and June, which, if fulfilled, would exceed seasonal levels [1] Group 2 - Southwest Futures noted that global trade demand is recovering, leading to a stronger fuel oil price after tax friction agreements are signed, supported by declining inventories in ARA, Singapore, and Fujairah [1] - According to Ruida Futures, the U.S. Treasury market instability may increase uncertainty, and geopolitical tensions, including potential Israeli strikes on Iran, could impact oil prices [2] - The fuel oil market is experiencing cautious procurement from downstream sectors, with a slight improvement in trading atmosphere [2]
全球贸易需求有所恢复 燃料油期价修复后将偏强
Jin Tou Wang·2025-05-21 06:07