According to the market chart, the price of crude oil in the United States has been rising recently. From February 2, 65438 to February 7, 65438, 1 1:57, the price of US crude oil rose to USD 5/barrel in four trading days, and returned to USD 70/barrel to USD 70.04/barrel. What is the reason?
2. The Asian market opened on Tuesday (65438+February 7), and US crude oil hovered at $70/barrel; On Monday, oil prices rose by nearly 6%. According to reports, the early cases of Omicron mutant were very mild, which eased the concerns about epidemic prevention and closure. Saudi Arabia raised crude oil prices in Asia and the United States, and the indirect negotiations between the United States and Iran to resume the nuclear agreement seemed to be deadlocked, raising oil prices.
3. Focus on the video call between US President Biden and Russian President Vladimir Putin, and the video call between China trade account and US trade account; On Wednesday morning 1, the monthly short-term energy outlook report was released at 5:30 am, and the changes of API crude oil inventory before 65438+February 3 were announced.
1, favorable factors affecting oil prices, [Saudi Arabia raises Asian and American crude oil prices]
2. On Sunday, Saudi Arabia put forward the official selling price of Asian-American crude oil in June 5438+ 10, which was as high as 0.8 USD compared with last month. Last week, after the United States and Iran indirectly negotiated the 20 15 nuclear agreement to save Iran, the prospect of Iran's oil export increase weakened, which also raised the oil price.
3. JBC Energy, a consulting firm, pointed out that although OPEC+insists that this decision is purely based on market fundamentals, the American factor obviously has an impact, especially considering that the American delegation will visit Saudi Arabia this week. "It is almost certain that the two sides discussed the situation in Iran. Saudi Arabia's approval of increasing production means compromise, and relations with Biden's government are expected to improve."
4.JBC Energy Company pointed out that despite the planned increase in production, Russia's total output failed to rise, and major Russian producers may face technical difficulties in increasing production according to the current agreement. JBC Energy Company has lowered the basic crude oil demand forecast of June 5438+February and June 5438+ 10 by about 300,000 barrels per day.
5. The mutant of Omicron is worried about cooling down. According to South Africa, so far, the local cases infected with Omicron have only mild symptoms. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, told CNN that "it seems that the situation is not serious".
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