宝城期货原油早报-20260310

Group 1: Investment Rating - There is no information about the industry investment rating in the report. Group 2: Core View - The report predicts that the domestic crude oil futures contract 2604 may maintain a weak and volatile trend on Tuesday [5]. Group 3: Summary by Related Catalogs Price and Trend - The short - term trend of crude oil 2604 is volatile and strong, the medium - term trend is volatile and strong, the intraday trend is volatile and weak, and the reference view is also volatile and weak [1]. Driving Logic - As US President Trump signaled the possible end of the war against Iran, the geopolitical risk in the Middle East declined rapidly, the crude oil premium significantly reversed, and international crude oil futures prices pulled back sharply from high levels, weakening the bullish sentiment in the energy and chemical commodities. With the rise of inflation expectations, the global central banks' interest - rate cut cycle may end early and an interest - rate hike cycle may begin, strengthening the expectation of tight liquidity. Against this backdrop, the domestic crude oil futures 2604 contract showed a high - level pullback during the night session on Monday, and the futures price converged its gains [5].