Commodity: SC crude oil

Closing price: 439.3 yuan / ton

Analysis: crude oil fell sharply on Thursday, with the main contract 08 closing at 439.3 yuan / ton, down 3.89%. Overnight crude oil fell significantly, with WTI crude oil down more than 3% and Brent crude oil down nearly 2%. Affected by this, SC crude oil in the inner wall fell rapidly. At the macro level, the market is wary of the risk aversion of risk assets such as crude oil caused by the Fed’s interest rate increase. Meanwhile, according to media reports, Saudi Arabia and the United Arab Emirates have reached a compromise on production increase policy, and OPEC will launch an agreement on production increase to boost supply, warming the expectation of supply increase; In addition, relevant data show that the demand for gasoline in the United States has fallen sharply. The combination of many bad news dragged down oil prices.

Forecast: the business community believes that there are many risk factors in the oil market in the near future, which aggravates the shock. On the one hand, the market generally pays attention to whether the production restriction policies of OPEC oil producing countries can be implemented consistently; In addition, the epidemic situation is one after another, and the trend is still unclear. Crude oil future trend brings more uncertainty, it is recommended to wait and see carefully.