宝城期货原油早报-2026-02-05-20260205

Group 1: Report Investment Rating - No specific industry investment rating is provided in the report [1][5] Group 2: Core Viewpoints - The short - term view of crude oil 2604 is oscillatory, the medium - term view is oscillatory, and the intraday view is bullish. It is expected to run in a bullish manner [1][5] - The core logic is that geopolitical risks are rising, and after a short - term sharp correction, the bearish sentiment in the oil market has been released. With the continued Middle East geopolitical risks and the winter peak oil - using season in the Northern Hemisphere, a bullish atmosphere has re - emerged [1][5] Group 3: Summary by Related Catalogs Price Trend and Viewpoints - For crude oil 2604, the short - term trend is oscillatory, the medium - term is oscillatory, and the intraday trend is bullish, with a reference view of bullish operation [1] - The intraday view of crude oil (SC) is bullish, and the medium - term view is oscillatory, with a reference view of bullish operation [5] Driving Logic - The US President Trump frequently releases geopolitical risk signals, and Greenland and Canada may become the next targets for the US. After a short - term sharp correction, the bearish sentiment in the oil market has been released. Due to the continued Middle East geopolitical risks and the winter peak oil - using season in the Northern Hemisphere, a bullish atmosphere has re - emerged. On Wednesday night, domestic crude oil futures maintained an oscillatory trend and closed sharply higher. It is expected that on Thursday, domestic crude oil futures may maintain an oscillatory and bullish pattern [5]