ZZZoe
ACY Representative
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Crude oil prices closed higher on Wednesday (30th), mainly because the market had doubts about the progress of the Russia-Ukraine talks the previous day, and concerns about crude oil supply in the region increased again.
Oil prices continued to rise after the report, official U.S. data showed crude inventories fell last week, while gasoline and distillate inventories rose.
Crude oil fluctuated upward on Wednesday. Although EIA data was bullish, oil prices failed to continue to break high and fluctuated at high levels. The daily line closed below the middle track. In the morning, affected by news that Biden will release more oil, oil prices fell sharply to 101.9 , From the four-hour line, after the sharp drop, oil prices are close to the lower rail support, the bottom is concerned with 100, and the top is concerned with 105 and 107.
Oil prices continued to rise after the report, official U.S. data showed crude inventories fell last week, while gasoline and distillate inventories rose.
Crude oil fluctuated upward on Wednesday. Although EIA data was bullish, oil prices failed to continue to break high and fluctuated at high levels. The daily line closed below the middle track. In the morning, affected by news that Biden will release more oil, oil prices fell sharply to 101.9 , From the four-hour line, after the sharp drop, oil prices are close to the lower rail support, the bottom is concerned with 100, and the top is concerned with 105 and 107.
