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2025-10-30 10:57:57
【Short-term trading advice for US crude oil: range-bound trading, sell on rallies and buy on dips】 (1) Reasons for analysis: The latest data from the US Energy Information Administration shows that US crude oil inventories fell sharply by 6.9 million barrels last week, the largest weekly decline since September. Coupled with sanctions against major Russian energy companies, this has triggered expectations of supply tightening, but has not led to an upward rebound in oil prices. Fundamentally, the possible increase in OPEC+ production and the cautious policy stance of the Federal Reserve have limited the rise in oil prices. In the short term, the technical level will remain in a range-bound adjustment, waiting for the direction to be chosen. (2) Key areas to watch: geopolitical situation, trade sentiment, US dollar index (3) Resistance: 60.50, 61.00, 61.50 (4) Support: 60.00, 59.50, 59.00
