宝城期货原油早报--20251020
Bao Cheng Qi Huo·2025-10-20 01:40

Report Summary 1. Report Industry Investment Rating - Not provided in the content 2. Report's Core View - The short - term, medium - term, and intraday views of crude oil 2512 are all weak, showing a trend of weak oscillation. The market is expected to maintain this weak oscillation trend on Monday [1][5] 3. Summary by Related Content Price and Market Conditions - Last Friday night, the domestic crude oil futures 2512 contract stopped falling and stabilized, with the futures price rebounding slightly by 0.34% to 441.1 yuan/barrel [5] Driving Logic - The macro - bearish sentiment has weakened as US President Trump actively released a signal to ease the situation, but the macro and industrial factors in the crude oil market remain weak [5] - Eight OPEC+ oil - producing countries decided to increase production by 137,000 barrels per day in November, increasing the supply pressure in the oil market [5] - The geopolitical situation in the Middle East has shown signs of easing, and the "war premium" that previously supported oil prices has subsided [5]