Report Summary 1. Report Industry Investment Rating - Not provided 2. Report's Core View - The crude oil 2601 contract is expected to run weakly, with short - term and medium - term trends being oscillatory and the intraday trend being weak [1][5]. 3. Summaries by Related Content Price and Trend - The domestic crude oil futures maintained an oscillatory and weak trend on the night of last Friday, with futures prices slightly lower. It is expected to maintain a weak trend on Monday [5]. Core Logic - The macro sentiment weakened as the US September non - farm payroll data announced last weekend was significantly worse than expected [5]. - The latest quarterly report of OPEC changed 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 [5]. - The current weak supply - demand structure of the oil market is gradually competing with geopolitical sentiment [5].
宝城期货原油早报-20251124
Bao Cheng Qi Huo·2025-11-24 03:12