How to trade Dalian Renewable Resources Dalian Oil? Are Dalian Oil transaction costs high?

How to trade Dalian Renewable Resources Dalian Oil? Are Dalian Oil transaction costs high? For spot investment (natural gas, crude oil, asphalt, precious metals) account opening, contract signing, and deposit, please contact the account opening specialist Consultant Yang. Oil prices plunge by more than 1%, could the bull market be cut in half? The corporate purpose of Dalian Renewable Resources Exchange is to work hard and think hard. When the wind goes against my will, I will innovate, create value and generate income. I vow to create more brilliance. The corporate vision is committed to becoming the first-class renewable resources trading platform in China and making unremitting efforts for the healthy and rapid development of China's renewable resources investment market! Investing in Dalian Recycled Dalian Oil has small spreads and low handling fees. What are the advantages of the platform? At what point does Dalian Oil pay back its capital? br/>Seven major advantages of investing in renewable resource commodities
Hourly trading, both work and financial management
Two-way trading, you can make a profit by buying up or down
+ Trading, close the position with profit, No need to wait
Margin trading, small capital leverages the big market
No price limit, unlimited profits
Fair trade, your price, the world’s price
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Get back your money by even a few pips
Barrel handling fee*(disk price|)*(10,000), spread, get back your money per pip
Barrel handling fee*(disk price |)*(10,000),
Bucket handling fee*(disk price|)*(10,000)
The floating point of the barrel is yuan, the floating point of the barrel is yuan, the floating point of the barrel is one point The price of yuan is changing every moment every day, and the specific point is based on the actual intraday price.
On January 1st, the weekly increase in oil drilling increased the oversupply, while the price of crude oil plunged nearly % in the Asian market, pressing the support level below. The crude oil market has entered a bull market due to its strong gains earlier and may be cut in half! Analysts said it may be the sequelae of monthly oil prices rising too fast.
As of Beijing time, crude oil prices continued to decline in the European market, falling by .USD, with a decline of .%, and reported at .USD/barrel, and from a technical perspective, there may be a downside risk of breaking through.
Oil prices have risen too high since then
One of the shortcomings is that the sharp increase in China's exports of refined oil products has put pressure on oil prices, which is seen as the latest sign that the world's already excess fuel supply continues to grow.
China's diesel and gasoline exports increased by .% and .% respectively compared with the same period last year, to 10,000 tons and 10,000 tons respectively, putting pressure on the prices of refined oil products.
On February 2, Baker Hughes data showed that the number of active oil drilling rigs in the United States increased by 100% in the week ended on March 28, 2020, marking the eighth consecutive week of growth. Growth has been recorded for every week in the past week.
Due to the continued increase in production and excess storage in the fuel market, there is no support for the 20% increase in oil prices since the beginning of the month, and there is no support for oil prices to reach US dollars or higher.
Analysts doubt that the upcoming negotiations between oil producers can control oversupply, and said that because the monthly increase of more than % in oil prices was too exaggerated, Brent crude oil may fall below the US dollar/barrel, and said that oil prices Much of the rally was driven by short covering and anticipation of the talk.
Points out that in his view, oil prices may experience another decline in the next few weeks until support factors reach the U.S. dollar in the fourth quarter.
Will the price bull market be poured cold water on?
As for the current oil market, the rebound in crude oil prices lacks fundamental support, and oversupply exists for a long time. The monthly production freeze may be due to market speculation. The continued increase in production by Saudi Arabia and Iran has made oil prices even worse. Overall, crude oil prices have continued to A rebound into a bull market may not be possible.
The agency said that one thing that is clear is that it has witnessed the weakness of oil prices in March, and this time it did not adopt production reduction measures, but only used verbal statements to achieve the purpose of intervening in oil prices.
Analysts believe that the current production remains at a record high of 10,000 barrels per day, and even if the production freeze plan is implemented, it will not have much impact on the supply and demand of crude oil in the international market.
Different opinions believe that Iran is close to achieving its annual oil production target, and its production is at an all-time high. Therefore, there is indeed room for global crude oil production to decline.
The recent rebound in the crude oil market has been supported by the production freeze. However, the recent continued increase in production by Saudi Arabia and Iran has put upward pressure on oil prices. With the arrival of Queen Yellen this week, the upward pressure on oil prices has increased. The lack of support for the bull market may end in vain. Investors are advised to be cautious.
How to trade Dalian oil, a renewable resource? Are Dalian Oil transaction costs high? For spot investment (natural gas, crude oil, asphalt, precious metals) account opening, contract signing, and deposit, please contact the account opening specialist Consultant Yang. Xiao Yang warmly reminds that the spot investment market is risky and you need to be cautious when entering the market.