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Live Updates  >  Live Update Details

2026-11-04 10:56:30

【US Crude Oil: Range-bound trading, buy on dips, sell on rallies】 (1) Reasons for analysis: The US-Iran negotiations continue, geopolitical risks are repeatedly at play, and there is no substantial agreement yet. WTI has been trending lower for two consecutive days, and the overall decline this week is still significant. The decline in the US dollar has provided some support. The market is waiting for the EIA inventory data to guide supply and demand. Technically, it has entered a range-bound trading pattern, waiting for a directional choice. (2) Key focus: Geopolitical situation, inventory data, US dollar index (3) Resistance: 96.80, 99.00, 100.00 (4) Support: 94.80, 94.00, 93.00

Real-Time Popular Commodities

Instrument Current Price Change

XAU

4069.06

-19.74

(-0.48%)

XAG

52.135

0.350

(0.68%)

CONC

90.01

-0.51

(-0.56%)

OILC

97.83

-1.30

(-1.32%)

USD

101.860

0.267

(0.26%)

EURUSD

1.1188

-0.0031

(-0.27%)

GBPUSD

1.3405

-0.0043

(-0.32%)

USDCNH

6.6668

0.0023

(0.03%)

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