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Down 4% in December 20! Why is the crude oil waterfall collapse?

2022-02-17
1007
On December 20th, the opening of the two oils fell after the low opening, and the decline in the European discharge continued, causing the current oil price to have a lot of negative factors:

1. Liquidity shrinkage. The central banks of various countries turned to tighten monetary policies to contain continuously rising inflation, and the economic expenditure program of Biden has also been refused by the Senate, and the liquidity reduction exacerbates the fluctuation of oil prices.

2. Asian crude oil demand is weakened. Due to the new round of economic blockade caused by O'Mock, there are many refineries that have many refinery in Asia require Saudi to reduce supply.

3 European and American cases soared. The United States and the European authorities are working hard to curb the spread of O'K克 tunains. If further sealing is limited, it will weaken the demand for crude oil.

4. The crude oil market structure is weak. On Monday Brunte crude oil, the real difference of the crude oil once again turned into a futures premium, indicating that the excess supply can last until early 2022.

Comprehensive multimodal factors, crude oil opened the "O'Cridge 2.0" market, and the US stocks and a non-US currency also fell in synchronization, indicating that the market has fluid failure. At present, the crude oil technology has fallen, and the general probability will continue. Continue to make a holiday in the day, do not rule out the challenge of 65 US dollars below

The above content is for reference only, does not constitute a basis for the construction, and investment is risky, and the transaction needs to be cautious.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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