Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Report's Core View - The domestic crude oil futures 2512 contract is expected to show a weak - running trend. In the short - term, it is weak; in the medium - term, it is oscillating; and on the day, it is also weak. The market is dominated by weak supply - demand fundamentals [1][5] 3. Summary by Relevant Content Price and Trend - The domestic crude oil futures 2512 contract maintained an oscillating and stable trend in the night session last Friday, with the futures price slightly rising 0.59% to 459.6 yuan/barrel. It is expected to maintain a weak trend on Monday [5] Driving Logic - Some Fed officials have made hawkish remarks. The ongoing US government shutdown may delay the release of October CPI data and impact the US economic resilience. They suggest no interest - rate cuts before Powell's term ends in May 2026. As geopolitical sentiment fades, the domestic and foreign crude oil futures markets are back to the supply - demand fundamental - driven market [5]