Natural gas futures rose nearly 6 percent on Tuesday, as coal prices rose to their highest since January as Europe considers banning Russian energy and cooler weather in parts of the United States.
Meanwhile, oil futures reversed course and ended modestly lower as Western leaders weighed the possibility of additional sanctions against Russia in response to the massacre of Russian troops in Ukraine.
From the top of the day, focus on 103.5 and 105. From the four-hour line, the oil price is still running in the Bollinger range, fluctuating in a large range in a short period of time, and it is now below the middle rail. From the perspective of the shape, there is still room for decline. In summary, the operation in the day is mainly about rebounding and empty. In addition, the API data in the morning is bearish. Pay attention to the performance of the EIA data in the evening.
Meanwhile, oil futures reversed course and ended modestly lower as Western leaders weighed the possibility of additional sanctions against Russia in response to the massacre of Russian troops in Ukraine.
From the top of the day, focus on 103.5 and 105. From the four-hour line, the oil price is still running in the Bollinger range, fluctuating in a large range in a short period of time, and it is now below the middle rail. From the perspective of the shape, there is still room for decline. In summary, the operation in the day is mainly about rebounding and empty. In addition, the API data in the morning is bearish. Pay attention to the performance of the EIA data in the evening.
