Group 1: Investment Rating - The investment rating for crude oil is to wait and see in the short - term and try long positions with a light position [1] Group 2: Core View - The report analyzes the price changes of international crude oil futures and provides a short - term investment strategy for crude oil, along with various economic data and geopolitical events that may affect the oil market [1][2] Group 3: Summary by Related Information International Crude Oil Futures Prices - WTI June crude oil futures rose $1.96 per barrel, or 3.43%, to $59.09 per barrel; Brent July crude oil futures rose $1.92 per barrel, or 3.19%, to $62.15 per barrel; SC2506 crude oil futures rose 8.10 yuan per barrel, or 1.77%, to 465.90 yuan per barrel [1] Economic Data - China's Caixin Services PMI in April was 50.7, with an expected value of 51.8 and a previous value of 51.9 [2] - Switzerland's seasonally - adjusted unemployment rate in April was 2.8%, in line with expectations and the previous value [2] - France's April Services PMI final value was 47.3, with an expected value of 46.8 and a previous value of 46.8 [2] - Germany's April Services PMI final value was 49, with an expected value of 48.8 and a previous value of 48.8 [2] - UK's April Services PMI final value was 49, with an expected value of 48.9 and a previous value of 48.9 [2] - Eurozone's March PPI monthly rate was - 1.6%, in line with expectations and a previous value of 0.20% [2] - US March trade balance was - $140.5 billion, with an expected value of - $137 billion and a previous value revised from - $122.7 billion to - $123.2 billion [2] - US April Global Supply Chain Pressure Index was - 0.29, with a previous value of - 0.18 [2] - US API crude oil inventory for the week ending May 2 was - 4.494 million barrels, with an expected value of - 2.48 million barrels and a previous value of 3.76 million barrels [2] Geopolitical Events - The EU Commission will propose a legal proposal to ban the import of natural gas and liquefied natural gas from Russia by the end of 2027 [2] - Israel Defense Forces launched an air strike in Yemen, destroying Sanaa International Airport and several power plants and a cement factory [2] - India launched "Operation Sindhul" against multiple locations in Pakistan, and Pakistan launched ground and air operations in response [2] - The US and Yemen's Houthi rebels reached an agreement not to attack each other's ships, but the Houthi rebels' senior officials did not confirm the cease - fire [4] - The fourth round of Iran - US nuclear talks may be held on May 11 [4] Tariff and Trade Agreements - If the negotiation fails, the EU will impose tariffs on US goods worth 100 billion euros [4] - The UK and India reached a free - trade agreement [4] - The UK and the US are expected to reach a trade agreement this week to reduce tariffs on cars and steel [4] - Trump may renegotiate the US - Mexico - Canada Agreement [4] Saudi Oil Pricing - Saudi Arabia set the official selling price of Arabian Light crude oil for the US in June at a premium of $3.40 per barrel over the Argus Sour Crude Index [2] - Saudi Arabia set the official selling price of Arabian Light crude oil for Asia in June at a premium of $1.40 per barrel over the Oman/Dubai average [2] Trend Intensity - The trend intensity of crude oil is 0, indicating a neutral view [3]

Group 1: Gold Market Analysis - The international gold price has shown a short-term increase, currently at $3028.81 per ounce, with a rise of 0.71% [2] - The price opened at $3012.82, reaching a high of $3035.58 and a low of $3007.31, indicating volatility in the market [2] - President Trump is focusing on the Federal Reserve, pushing for quicker interest rate cuts to alleviate economic pressure, which may impact gold prices [2] - Despite a recent downward trend in daily gold prices, the critical support level at $3000 has not been breached, suggesting a potential for upward movement [3][5] - The current market sentiment remains bullish, with a recommendation to adopt a buy-on-dips strategy, targeting resistance levels between $3038 and $3043 [5] Group 2: Oil Market Analysis - Brent crude oil futures rose by $0.01 to $73.01 per barrel, while WTI increased by $0.01 to $69.12 per barrel [6] - Concerns over Trump's tariffs potentially slowing economic growth and oil demand are prevalent, alongside supply restrictions due to sanctions on Venezuela and Iran [6] - The oil market is experiencing a mixed sentiment, with short-term upward momentum observed despite a longer-term bearish trend [7] - The recommendation for oil trading is to focus on buying on dips, with resistance levels identified between $70.0 and $70.5 and support levels between $68.2 and $67.7 [7]