Report Summary 1. Report Industry Investment Rating - No information provided on the investment rating of the industry in the report. 2. Core View of the Report - The domestic crude oil futures contract 2511 is expected to run weakly, with a short - term outlook of weak oscillation, a medium - term outlook of oscillation, and an intraday outlook of decline. Overall, it is expected to maintain a weakly oscillating trend on Friday [1][5]. 3. Summary by Related Content Market Situation of Crude Oil Futures 2511 - Short - term: Weak oscillation; Medium - term: Oscillation; Intraday: Decline; Overall view: Weak operation [1]. Core Logic - Macro factors have weakened as the US federal government shutdown due to the failure of the two parties to reach an agreement has led to a significant increase in global financial market risk - aversion sentiment, pressuring risk assets [5]. - The supply pressure in the oil market has increased again as eight OPEC+ oil - producing countries decided to maintain the production increase measure in November, increasing crude oil production by 137,000 barrels per day [5]. - The "war premium" that previously supported oil prices has subsided as the geopolitical situation in the Middle East has shown signs of easing, with Israel and Hamas signing the first - stage agreement of the "20 - point plan" [5]. - The domestic crude oil futures 2511 contract opened lower and ran weakly on Thursday, and the weak pattern continued at night. It is expected to maintain a weakly oscillating trend on Friday [5].

Group 1: Report Industry Investment Rating - There is no information about the report industry investment rating in the provided content. Group 2: Report's Core View - The core view is that the crude oil 2511 contract is expected to run weakly, with short - term, medium - term, and intraday trends being oscillatory, oscillatory, and oscillatory - weak respectively [1][5]. Group 3: Summary by Related Catalog Price and Market Conditions - The domestic crude oil futures 2511 contract slightly closed down 0.52% to 497.2 yuan/barrel on Wednesday night, and it is expected to maintain an oscillatory - weak trend on Thursday [5]. Market Driving Factors - Recently, due to the Ukrainian drone attack on Russia's important crude oil export hub in the Baltic Sea (the port loads about 330,000 barrels of diesel - type fuel and 1.15 million barrels of crude oil per day) and positive progress in Sino - US economic and trade talks, crude oil futures prices strengthened. However, after the bullish expectation of the Fed's 25 - basis - point interest rate cut in the September FOMC meeting was fulfilled, crude oil futures prices at home and abroad showed an oscillatory - weak trend on Wednesday night [5].

Report Summary 1) Report Industry Investment Rating No investment rating for the industry is provided in the given content. 2) Report's Core View - The crude oil market is expected to run strongly. In the short - term (within a week), medium - term (two weeks to a month), and intraday, the crude oil 2511 contract shows an overall trend of shock, with an intraday bias towards strength. The main reason is the enhanced geopolitical risks and the improvement of macro - sentiment [1][5]. 3) Summary by Related Content Price and Trend - The domestic crude oil futures 2511 contract closed slightly up 1.31% to 494.9 yuan/barrel on the night session of Monday, and it is expected to maintain a shock - biased - strong trend on Tuesday [5]. Core Logic - Recently, Ukrainian drones attacked an important crude oil export hub in the Russian Baltic Sea. The port loads about 330,000 barrels of diesel - type fuel and 1.15 million barrels of crude oil per day. Coupled with the positive progress of the Sino - US economic and trade talks, the macro - sentiment has improved, leading to a slight rebound in domestic and foreign crude oil futures prices on the night session of Monday [5].