Newsletter summary
After falling for three days in a row, the market waited cautiously for regional political negotiations with the U.S. Department of Energy.GamespacecryptoAction, Friday non-farm report also affected the trend, WTI crude oil fell slightly 0Gamespacecrypto.06%, Brent crude rose slightly by 0.28%.
Text of news flash
[market sentiment is cautious, Brent crude oil price rises]
After three consecutive days of declines, traders showed caution, waiting for further news of Israel's negotiations with Hamas. At the same time, the market is also watching whether the U.S. Department of Energy will restore replenishment of strategic reserves when oil prices fall below $79 a barrel. In addition, the non-farm payrolls report to be released on Friday may also have an impact on oil prices. Against this background, Brent crude oil futures prices rose slightly, while WTI crude oil prices fell slightly. As of May 2, the futures price of WTI crude for delivery in June 2024 fell 0.050 U.S. dollars, or 0.06 percent, to 78.95 U.S. dollars per barrel, while Brent crude for delivery in July 2024 rose 23 cents to 83.67 U.S. dollars per barrel, an increase of 0.28 percent. It is reported that Chinese crude oil futures are closed for holidays.
