Shanghai’s Lockdown Affects Crude Oil Demands, Bearish And Bullish Of USOIL Be At War.
The international oil price once fell 7%, and the U.S. oil price was low.
Non-Aggressors are advised to wait for better entry. Aggressors are recommended to consider marginal Long when the price is 104.6, Target is 108.7,stop loss is 101.0.
OPEC+ has hinted that they will not accelerate the pace of production increases and is expected to stick to a long-term moderate production increase plan. The UAE also said the country’s cooperation with Russia is strong. The EU’s top representative said it was not seeking to cut off energy ties with Russia altogether, but expected to stop crude oil and natural gas imports from Russia within two years. Previously, due to market concerns about the impact of Shanghai Lock down on crude oil demand, international oil prices fell by 7% yesterday. Overall, investors need to pay special attention to Our epidemic-related restrictions, and oil prices may continue to fluctuate in the short term.
In the H4 range, although the quotation is at the lower Bollinger track, it has broken through the MA5 moving average, indicating that there may be a rebound in the short-term. The sub-indicator MACD bearish kinetic energy converges and the KD express line bends slightly, which is beneficial for investors to make a buy layout with low position.
*The above contents are the opinions of third-party media commentators, and do not represent the position of this platform. The opinions are for reference only. Investors should make independent judgments, prudently evaluate and bear investment risks at their own risk.