建信期货原油日报-20260318

1. Report Information - Report Name: Crude Oil Daily [1] - Date: March 18, 2026 [2] - Research Team: Energy and Chemical Research Team [3] 2. Investment Rating - Not provided in the report 3. Core View - Short - term oil prices will continue to run strongly but with high volatility. It is recommended to use options for hedging in operations [6] 4. Summary by Directory 4.1 Market Review and Operation Suggestions - Market Review: WTI's opening price was $98.76, closing at $93.23, with a high of $99.95, a low of $91.82, a decline of 3.73%, and a trading volume of 36.39 million hands. Brent's opening price was $106.5, closing at $101.02, with a high of $106.5, a low of $99.54, a decline of 2.06%, and a trading volume of 46.78 million hands. SC's opening price was 735 yuan/barrel, closing at 761.2 yuan/barrel, with a high of 777.7 yuan/barrel, a low of 713.9 yuan/barrel, a decline of 1.19%, and a trading volume of 17.25 million hands. Overnight oil prices fell slightly as the US Treasury Secretary soothed the market and stated no intervention in the futures market [5] - Operation Suggestions: Due to the unrelieved Middle - East situation, with potential supply - side tensions and expected production cuts in the Middle - East, and the US's proposal to form a fleet for the Strait of Hormuz, short - term oil prices are strong but volatile. Options can be used for hedging [6] 4.2 Industry News - On March 17, Iran attacked a large - scale natural gas field in the UAE, causing a fire. The UAE government suspended related operations with no casualties. The UAE's Fujairah Port has suspended oil loading operations. Iraq's oil minister is in contact with Iran to allow some oil tankers to pass through the Strait of Hormuz [7] 4.3 Data Overview - The report presents multiple data charts, including global high - frequency crude oil inventory, EIA crude oil inventory, US crude oil production growth rate, WTI and Oman spot prices, and US gasoline and diesel consumption [9][10][20]