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Russia is ready to cooperate with C to freeze or even reduce oil production. He said that freezing or even reducing production is the right decision. Putin made the above remarks at the Global Energy Conference in Istanbul on Monday. Putin said he hoped C could unanimously agree to limit production in March. Russia is preparing to join the decision to limit crude oil production. Earlier today, Russian Energy Minister R said that Russia hopes to freeze production at current production levels rather than further cutting production. Crude oil has risen in the short term, currently up .%. Brent oil rose over %. After the Algiers meeting last month, Saudi Arabia's oil minister said: "It is not unreasonable for oil prices to reach US dollars per barrel by the end of the year." &rThis week, oil ministers from the world's largest oil producers met in Turkey to continue discussing ways to restore balance to the crude market.
Kiyochika believes that oil-producing countries will reach a consensus, but it may not be reached soon. It is only reasonable for every oil-producing country to participate in the resolution, so that the resolution will take into account the specific circumstances of each country.
U.S. crude oil market analysis:
From a weekly perspective, the bulls tested upward for the first time last trading week. The regional pressure was suppressed by the bears. At the weekly close, the bulls are still strong. Therefore, we see that crude oil is the daily Line adjustment, with the support of the crude oil production freeze agreement, the space below is limited. This week, we will make a practical statement on the last production freeze agreement. We will focus on it. If further results are reached according to the agreement, it is expected to continue to push up the bullish comprehensive stock price. Look, there is still room for downside in short-term oil prices. Operation experts suggest that those who are more aggressive can first try to see the inertia fall back. But it is only a short-term short-term trading strategy. Stop profit promptly after making a profit. The main trend is still low and long.
Crude oil operation suggestions:
,. Go short near the US dollar, stop loss. The target is around the US dollar.
,. Go long near the US dollar, stop loss. The target is around the US dollar. Nearby
Natural gas successfully broke through the mark. It is also the news that Putin has said to reduce its production! It is recommended that investors do not place orders for the time being, wait and see first, and find an appropriate point to enter the market when the market stabilizes. Do not blindly pursue orders. Don't try to bet on luck. You'd rather let the market flow and don't make a desperate bet. Give a stable order at the appropriate point to minimize the customer's risk and maximize the customer's interests.
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