原油早报-20251215

Report Summary 1) Report Industry Investment Rating No investment rating is provided in the report [1][5] 2) Core View of the Report The report predicts that the domestic crude oil futures (SC2602) will run weakly in the short - term, with a weak intraday trend and a volatile trend in the medium - term, mainly due to the prevailing bearish sentiment [1][5] 3) Summary by Related Catalogs Price and Trend Outlook - The short - term trend of crude oil 2602 is volatile, the medium - term is also volatile, and the intraday trend is weak, with a reference view of running weakly [1] - The domestic crude oil futures are expected to maintain a weak pattern on Monday [5] Core Logic - There are signs of compromise in Ukraine, the Russia - Ukraine conflict is expected to cool down, and the US is mediating to end the war. The geopolitical premium is weakening, which weakens the upward momentum of international oil prices [5] - Saudi Arabia has lowered the price of its main crude oil varieties for Asia to the lowest level in five years, and global crude oil inventories are continuously accumulating, indicating increasing supply pressure in the crude oil market [5] - The weakening of the crude oil market's monthly spread and refined oil cracking spread shows a weak supply - demand structure in the oil market [5]