According to foreign reports, Brent crude oil futures plunged sharply on Monday. 3 Dollar per barrel 100 The U.S. dollar hovered near its previous level, with the decline narrowing toward the close of trading. Oil prices continued their two-week downward trend, with the decline now nearing... 10% Investors are generally fleeing the commodity market.

Gold prices recorded 30 The largest two-day drop in years, Brent crude oil futures are... 10 Eight out of the trading days ended lower, and analysts said that weak fundamental indicators are driving market sentiment.

In the United States, domestic crude oil inventories have surged. 30 The situation is at its annual peak, and with U.S. oil production on the rise, this scenario is unlikely to improve in the short term. Global crude oil demand remains sluggish as economic prospects for major consuming countries remain uncertain.

Against this backdrop, China—the world’s second-largest oil consumer—announced its gross domestic product. (GDP) Growth data fell short of expectations, further hitting the commodity market and causing Brent crude oil futures to fall from last year. 7 For the first time this month, it nearly broke through. 100 Dollar.

China’s National Bureau of Statistics announced on Monday that the country’s GDP for the first quarter... (GDP) Year-on-year growth 7.7% , significantly lower than the market’s general expectations. 8% and compared to the fourth quarter of last year 7.9% Reappearance of the decline.

Gaosi advises clients to close their long positions in Brent crude oil futures, warning that oil prices are set to continue falling.

Due today 5 Brent crude oil futures hit a low. 100.02 The U.S. dollar, settlement price reported per barrel 100.39 Dollar, falling 2.72 Dollar or 2.6% 。

In the past 10 On the trading day, the crude oil futures plunged sharply. 9.7% , its 14 The daily relative strength index is slightly above. 26 , below 30 This indicates overselling.

More active trading 6 March Brent crude oil futures fell. 2.41 U.S. dollar, quoted per barrel 100.63 Dollar.

5 U.S. crude oil falls this month. 2.58 Dollar or 2.8% The settlement price is reported per barrel. 88.71 Dollar, touching 12 Reaches its lowest level this month.

U.S. crude oil futures trading volume compared to... 30 High daily average 47% Crude oil futures trading volume for Brent crude was roughly in line with the average.

U.S. gasoline futures fall. 1.7% , report 2.75 Dollar, touching 2010 The lowest in years.

Originating from: Shanghai Gold Exchange