宝城期货原油早报2026-02-24-20260224

1. Report Industry Investment Rating - Not provided in the content 2. Core View of the Report - Crude oil is expected to run strongly, with short - term trends being oscillatory and on the stronger side, medium - term trends being oscillatory, and intraday trends being strong [1][5] 3. Summary by Relevant Catalog 3.1 Time - cycle Viewpoints - Short - term (within one week) for crude oil 2604: Oscillatory and on the stronger side [1] - Medium - term (two weeks to one month) for crude oil 2604: Oscillatory [1] - Intraday for crude oil 2604: Strong [1] 3.2 Core Logic - Geopolitical risks are rising as the US has deployed military forces in the Middle East, Israel threatens to launch the harshest military strike against Iran, and the US - Iran conflict may trigger a new round of geopolitical conflicts. Although there are short - term negotiations, large differences remain and geopolitical risks still exist [5] - OPEC+ announced at the beginning of the month to maintain the decision to suspend production increases in March this year, and the drawdown of US commercial crude oil inventories exceeded expectations, so the short - term oil market supply - demand structure is acceptable [5] - During the Spring Festival holiday, international crude oil futures prices rose by about 5.80%. It is expected that domestic crude oil futures may open sharply higher on the first trading day after the holiday and maintain a relatively strong pattern [5]