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China's oil reserves will be doubled or more

China's oil reserves will be doubled or more

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:

China's oil reserves will be doubled or more

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information
Message surface, this week API data so that investors feel surprised, the data released on the market caused a major bad. Crude oil continues to refresh the low level to the 2050 line, yesterday due to the Veterans Day reasons, the market is now further to wait for the U.S. EIA crude oil inventory report released Thursday morning.
According to Barclays Bank, China will expand the strategic oil reserves next year, crude oil imports or more than this year will be doubled. But at the same time, Barclay pointed out that although China's oil storage size is larger, can be calculated according to the global supply of excess, China's oil and can not be a great extent to change the supply and demand relationship and thus affect the oil price.
Silver, silver spot from the technical side, the daily ushered in the 10th trading day Lianyin fell, the trend in technology to not reading too much to speak of, please read the Huang Yichen: asphalt oil body position halfway up the mountain, crawls, unable to come down to see a new low ", Ning Guiyin continued Lianyin before did not take the positive end of the short signal to step on the downward pull of the lower Bollinger orbit and fold short ideas can be based. Due to the strong callback again return to the annual low, the overall trend of the year on the need to examine the annual low of 2900 points a support. Short term on the upward pressure on the upward pressure on 2960-3000, the downlink support 2900-2860, operating on the main air ideas, key support can be small position access.
Crude oil, spot crude oil asphalt yesterday set the United States continue to callback rate, in test key support 2050 line obtained a short-term rebound, from the daily closing line a big Yin ending. The author Huang Yichen Sina blog indicate oil asphalt short-term weak market, continuous callback, the current average to suppress K rebound short signal has been set up, before does not appear Dayang engulfed bardo constitutes a reversal signal, continue to back step short of a whole thinking. Combined wave and current asphalt oil key support for 2050 will be decompose the straddle a very clear signal, but Powei would constitute C down signal was established according to the AC proportion principle if below 2050 will test the geometric distance 1950-1900 regional. The short-term focus on orbit support, comprehensive analysis to see continued weak, trend short-term first to take advantage of short, and then observe the key support is broken bits, broken bits in homeopathic according to the strategy.
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