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2025-09-18 10:16:18
[Short-term trading recommendations for US crude oil: range-bound fluctuations, short selling on rallies, buying on dips] (1) Analysis reasons: Data from the US Energy Information Administration showed that US crude oil inventories fell significantly last week due to a decline in imports and exports approaching a two-year high. However, distillate oil inventories unexpectedly increased by 4 million barrels, far exceeding the market expectation of 1 million barrels, triggering concerns about weak terminal consumption. Although the Federal Reserve's interest rate cut was implemented, it did not exceed expectations. Therefore, after the positive news was realized, oil prices continued to adjust. Technically, it will continue to fluctuate in the range, waiting for support confirmation near the previous low point. (2) Key focus: Geopolitical situation, global trade sentiment (3) Resistance: 63.80, 64.30, 64.60 (4) Support: 63.00, 62.60, 62.30
