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What is the crude oil market like? Where are the opportunities for crude oil investment?
The crude oil market can observe the chemical index of South China, and look at the general direction from the index and the actual market situation.

In the international market, the international crude oil market continued to rise last week. On the positive side, US crude oil inventories have fallen sharply, and it is difficult to make progress in Iran's nuclear negotiations. As of 65438+February 16, the price of the US WTI crude oil futures market rose, and the settlement price of the main contract was reported at $72.38/barrel, up by $0.765438+$0/barrel from the previous week. Brent crude oil futures market price fell, and the settlement price of the main contract was reported at $75.02/barrel, down 0. 13 $/barrel from the previous week.

Last week, the domestic chemical products market rebounded. Judging from the 20 varieties monitored by Guanghua Trading, there are 6 rising products, 5 falling products and 9 flat products.

The domestic market as a whole is dominated by the demand for gas purchase, the market wait-and-see mentality is aggravated, and the multi-product atmosphere is gradually stabilized. Guanghua trading monitoring data shows that the price index of chemicals in South China rose last week, and the price index of chemicals in South China (hereinafter referred to as "South China Chemical Index") was 1 14 1.36 points, up 3.37 points or 0.29% from the previous week. Among the 20 sub-indices, six indexes, such as TDI, xylene, pure benzene, PP, methanol and mixed aromatic hydrocarbons, rose, while five indexes, such as caustic soda, formaldehyde, BOPP, styrene and PE, fell, and the rest remained stable.