宝城期货原油早报-2026-03-02-20260302

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The domestic crude oil futures are expected to maintain a relatively strong trend. The short - term view is oscillating and bullish, the medium - term view is oscillating, and the intraday view is bullish. The reference view is a strong operation [1][5] 3. Summary by Relevant Catalog 3.1 Time - cycle View - For crude oil 2604, the short - term view (within one week) is oscillating and bullish, the medium - term view (two weeks to one month) is oscillating, and the intraday view is bullish [1] 3.2 Core Logic - With the military attacks by the US and Israel on Iran, the geopolitical risk in the Middle East has rapidly increased. Iran has announced the closure of the Strait of Hormuz, preventing the transportation of energy supplies such as crude oil and natural gas from the Middle East. The premium of crude oil may increase significantly. Although OPEC+ oil - producing countries have announced an increase in production starting from the second quarter, the short - term geopolitical factors outweigh the weak supply - demand fundamentals of crude oil. Driven by bullish factors, international crude oil futures prices have risen sharply, which may drive the domestic crude oil futures to open sharply higher and operate strongly on Monday [5]