- 50:
- 50
- 40:
- 40
- 30:
- 30
Brent crude oil futures fell .% to settle at USD 1.00 per barrel on Tuesday. U.S. crude oil futures fell .% to USD .00 per barrel.
The Energy Minister of Saudi Arabia, the world’s largest crude oil exporter, and the Secretary-General of the Organization of the Petroleum Exporting Countries agreed that the global oil market is moving towards balance and oil prices reflect this trend.
But analysts at Morgan Stanley said there were signs that oil prices may soon fall again as gasoline demand stalls and supply resumes after production disruptions in Canada and Nigeria.
Nigeria’s National Petroleum Corporation said last week that output was picking up after maintenance, after being attacked by the Niger Delta group and output fell to a year low.
In addition, oil demand may also come under pressure due to lower operating rates due to declining refinery profits. At present, Asian refineries have entered a seasonal maintenance period, and prices will therefore be suppressed.
Technical Analysis and Operational Suggestions
Silver
On the hourly line, the Bollinger Bands are shrinking upward and the running line is running above the middle track of the Bollinger Bands. The short-period, moving average crosses the golden cross and the D indicator in the attached picture is running at The green kinetic energy enhancement indicator above the axis is weak. On the daily moving average, it can be seen that the Bollinger Band opening line runs above the Bollinger Band upper track for a short period, and the moving average crosses the golden cross. The D indicator in the attached picture runs above the axis. The red kinetic energy volume indicator is relatively strong.
. Huayi Silver enters the market with a long order and stops the loss at a target of 1 point
. Huayi Silver enters the position with a short order and stops the loss with a target of 1 point
Crude oil (asphalt)
On the hourly line, the shrinkage running line of Bollinger Bands runs above the middle track of Bollinger Bands. The short-period, moving average crosses and declines. The D indicator in the attached picture runs above the axis. The green kinetic energy enhancement indicator is weak. On the daily line, the parallel running line of Bollinger Bands runs above the middle track of Bollinger Bands. The short-period upward and moving average gluing operation below the middle track of the forest belt is running in the upper part of the axis. The green kinetic energy shrinkage indicator is weak.
.Huayi Asphalt enters the market with a stop loss target of 1 point
.Huayi Asphalt enters the market with a short order and stops the loss with a 1 point target