宝城期货原油早报-20250902

Report Summary 1. Report Industry Investment Rating No information provided. 2. Report's Core View - The crude oil 2510 contract is expected to run strongly, with short - term and medium - term trends being oscillatory, and an intraday trend of oscillatory strength. The main reason is the intensification of Middle East geopolitical risks [1][5]. 3. Summary by Related Catalogs Price and Trend - The intraday view of crude oil (SC) is oscillatory strength, the medium - term view is oscillatory, and the reference view is strong operation. The domestic crude oil futures 2510 contract rose 1.10% to 488.9 yuan/barrel in the night session on Monday. It is expected to maintain an oscillatory strong trend on Tuesday [5]. Core Logic - Recently, Middle East geopolitical risks have re - emerged. On Monday afternoon, there were reports that the Yemeni Houthi rebels attacked an Israeli oil tanker as retaliation for the Israeli air strikes on Yemeni Houthi officials. The Yemeni Houthi rebels also emphasized that they would escalate military attacks and shipping blockades against Israel in the future, which increased the expectation of Middle East geopolitical conflict risks and led to a recovery in crude oil premiums [5].