Group 1 - The core viewpoint indicates that despite signs of weakness in the crude oil market, fuel premiums for gasoline and diesel have surged, offsetting declines and leading to a rise in oil prices [1][2] - Brent crude oil futures are approaching $65 per barrel, marking a third consecutive day of increases, driven by rising fuel premiums and technical buying from Commodity Trading Advisors (CTAs) [1] - Energy Aspects highlights that a significant buying trigger for CTAs exists above $64.50 per barrel, suggesting an upward risk balance, although hedging flows may limit volatility [1] Group 2 - The refined oil market remains strong despite the softening crude oil futures curve, with fuel premiums at high levels, particularly in Europe where diesel benchmark prices have reached their highest since early last year [2] - Analysts from PVM suggest that without the strong support from the refined oil market, crude oil prices would likely be lower, and the narrowing of the spot premium between WTI and Brent is noteworthy [2] - OPEC is set to release its monthly market analysis report, while the International Energy Agency (IEA) will provide its annual outlook, with previous forecasts indicating a record surplus in global crude oil by 2026 [2]
燃料需求强劲抵消原油疲软信号,油价震荡走高
Xin Lang Cai Jing·2025-11-11 16:21