Report Summary Investment Rating - No specific investment rating for the industry is provided in the report. Core View - The crude oil market is expected to run strongly, with short - term and medium - term trends being volatile, and the intraday trend being volatile and slightly stronger. The domestic crude oil futures 2509 contract is expected to maintain a volatile and stable trend on Tuesday [1][5]. Summary by Related Catalogs 1. Market Trends - For the crude oil 2509 contract, the short - term trend is volatile, the medium - term trend is volatile, and the intraday trend is volatile and slightly stronger, with a reference view of strong operation [1]. 2. Price and Logic - After a significant decline, the confidence of oil market bulls has increased again, and the geopolitical premium has rebounded. Although eight major oil - producing countries in OPEC and non - OPEC decided to increase production by 548,000 barrels per day in August, exceeding market expectations, the negative impact of the production increase is gradually digested, and the future room for further production expansion is limited. Last Friday night, domestic and international crude oil futures prices showed a volatile and slightly weaker trend. The domestic crude oil futures 2509 contract closed down 1.20% to 509.1 yuan per barrel [5].
宝城期货原油早报-20250722
Bao Cheng Qi Huo·2025-07-22 02:04