Core Viewpoint - Oil prices continue to decline, with SC crude oil hitting a new low for the year and Brent crude falling below $60, indicating a bearish market outlook driven by geopolitical tensions and ongoing negotiations regarding the Russia-Ukraine conflict [4][17]. Market Dynamics - On Monday, WTI crude oil futures closed down by $0.62, a decrease of 1.08%, settling at $56.82 per barrel; Brent crude futures fell by $0.56, or 0.92%, to $60.56 per barrel; and INE crude futures dropped by 1.58% to 430.20 yuan [6][19]. - The market is closely monitoring the negotiations between Ukraine and U.S. representatives regarding the end of the Russia-Ukraine conflict, with reports indicating significant progress and preliminary consensus on key issues [4][20]. Geopolitical Factors - U.S. officials have stated that approximately 90% of the issues between Ukraine and Russia have been resolved, although the final 10% may prove to be the most challenging [5][18]. - Ukrainian President Zelensky acknowledged the effectiveness of the Berlin talks but noted differing positions on territorial issues between the U.S. and Ukraine [5][21]. Supply and Demand Insights - The Middle Eastern benchmark Murban crude's spot premium has continued to decline, reaching a two-week low due to ample supply and increased production prospects in the region [9][22]. - China's crude oil processing volume increased by 3.9% year-on-year in November, with new import quotas offsetting some of the impacts from refinery maintenance [9][23]. Future Outlook - The overall trend suggests a bearish sentiment for oil prices, with recommendations to consider short-selling opportunities during price rallies [5][18].
SC原油继续刷新年内低点,特朗普:现在比以往任何时候都更接近达成“和平协议”
Xin Lang Cai Jing·2025-12-15 23:14