宝城期货原油早报-20251118

Report Summary 1) Report Industry Investment Rating No relevant content provided. 2) Core View of the Report - The domestic crude oil futures contract 2601 is expected to maintain a relatively strong trend on Tuesday [5]. 3) Summary by Related Catalogs 品种晨会纪要 - For the crude oil 2601 contract, the short - term outlook is weak, the medium - term outlook is volatile, and the intraday outlook is strong. The reference view is a strong operation, supported by bullish factors [1]. 主要品种价格行情驱动逻辑—商品期货能源化工板块 - The latest quarterly report of OPEC turned the global oil market in the third quarter from "supply shortage" to "a daily surplus of 500,000 barrels", amplifying the expectation of loose supply. However, with the prominence of geopolitical factors, the crude oil futures price showed a volatile and stable trend under the boost of optimistic funds. The current weak supply - demand structure of the oil market is in a game with geopolitical sentiment. The domestic crude oil futures 2601 contract maintained a volatile and stable trend on Monday night, with a slight rebound in the futures price [5].