Report Summary 1) Report Industry Investment Rating No relevant content provided. 2) Report's Core View - The international crude oil market has changed suddenly. Kazakhstan, which previously promised compensatory production cuts, declared that its oil production is determined by national interests and it is not an OPEC+ producer. This makes it difficult for compensatory production cuts of OPEC+ over - producing countries to be implemented. After the short - term negative risks are digested, the prices of domestic and foreign crude oil futures showed a stable and oscillating trend on Thursday night. The domestic crude oil futures 2506 contract is expected to maintain a stable and oscillating trend on Friday [5]. 3) Summary by Related Catalog a. Time Cycle and Price Movement Definitions - Short - term refers to within one week, and medium - term refers to two weeks to one month. For price movement, a decline greater than 1% is considered a fall, a decline of 0 - 1% is oscillating weakly, an increase of 0 - 1% is oscillating strongly, and an increase greater than 1% is a rise. Oscillating strongly/weakly only applies to intraday views [1][3][4]. b. Crude Oil 2506 Contract Analysis - The short - term view of crude oil 2506 is oscillating, the medium - term view is oscillating weakly, the intraday view is oscillating strongly, and the reference view is a strong - running trend. There are differences in the long - and short - term directions, and the crude oil is oscillating and stabilizing [1]. c. Price and Market Analysis - The domestic crude oil futures 2506 contract rebounded slightly by 1.00% to 495.4 yuan/barrel on Thursday night. It is expected to maintain an oscillating and stable trend on Friday [5].
宝城期货原油早报:多空分歧出现,原油震荡企稳-20250425
Bao Cheng Qi Huo·2025-04-25 01:56