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2025-12-17 09:48:34
【Short-term trading advice for US crude oil: downward trend, sell on rallies】 (1) Reasons for analysis: The risk premium of geopolitical situation continues to weaken, putting pressure on oil prices. From the supply side, although the national commercial crude oil inventory has decreased by about 1.8 million barrels, the decline is significantly lower than market expectations. The inventory in Cushing has rebounded for the first time in a month after continuous decline. At the same time, there is no force on the demand side that can reverse the supply and demand imbalance. US gasoline demand weakened at the end of the year and is currently down about 1.3% compared with the same period last year. Technically, after the oil price breaks through the box support, it may open up the downward space. In the short term, we will maintain a downward trend. (2) Key focus: geopolitical situation, trade sentiment, inventory data (3) Resistance: 55.80, 56.00, 56.30 (4) Support: 55.20, 55.00, 54.50
