The hottest Guangyong futures, US crude oil closed

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Guangyong Futures: US crude oil closed at a record high, while Shanghai crude oil opened higher than 4500 due to the continued weakness of the US dollar, supply problems and the rise in China's diesel demand in March. The US crude oil futures closed at a record high on Tuesday. Today, Shanghai fuel oil opened high in the morning trading, and broke through 4500 to 4507 yuan/ton. At the close of 0806, the contract rose 11 points, or 0.25%. The position decreased by 958 hands to 21298 hands, and the trading volume was 17148 hands, which was significantly lower than the previous trading day

and even the regional differences of the distribution types are more obvious

in terms of news, the organization of Petroleum Exporting Countries (OPEC) said in its latest monthly crude oil market report on Tuesday that OPEC crude oil production is enough to meet the demand growth, and the slowdown of U.S. economic growth may lead to lower than expected crude oil consumption in the second quarter. The report points out that the fundamentals of the second quarter of this year look consistent with the typical performance of that season every year. According to the report, OPEC's current output of more than 32million barrels per day is enough to meet demand growth and help inventory rise further. OPEC predicts that the global crude oil demand will decrease by 1.4 million barrels per day to 85.7 million barrels per day in the second quarter. The oil consumption in the northern hemisphere will usually slow down in this quarter because of the decrease in heating oil demand. OPEC said that in view of growing concerns about the US economic slowdown and high oil prices, the decline in crude oil demand in the second quarter may be more obvious. The organization maintained its expectation of global crude oil demand growth this year at 1.2 million barrels per day. Strong demand from China and the Middle East is expected to offset weak demand from OECD members

in addition, OPEC lowered its expectations for the actual oil supply of non OPEC member countries to reduce the weight of packaging in 2008. At present, it is estimated that the average crude oil supply of non OPEC member countries this year will be 50281, and 10000 barrels/day will be prepared before the gear wear tester test, a decrease of about 90000 barrels/day compared with the previous expectations, partly because the output expectations of the United States and Mexico are reduced. The demand for OPEC crude oil in 2008 is expected to be 31.75 million barrels per day on average, which is lower than the current output of the organization, accounting for 64% of the world, but 70000 barrels per day higher than the expectation last month

US crude oil has set a new closing record for two consecutive days, which is likely to continue to rise. However, we must also prevent the correction. Today, Shanghai fuel oil opened high and broke through the pressure level of 4500, but the closing price failed to hold 4500, and the trading volume decreased significantly. In terms of operation, investors are advised to continue to be cautious and bullish

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