2026-01-09 10:22:55

This week, the crude oil market has been quite lively. The US just announced a $2 billion oil deal, and representatives from US and European oil companies are preparing to visit next week. But at the same time, the US seized two oil tankers linked to Venezuela, and another cargo ship heading towards Russia was attacked in the Black Sea. On the other hand, Iraq has converted the West Qurna-2 oil field into a state-owned enterprise to avoid US sanctions.

These events happening in quick succession naturally lead to market speculation about the supply sides of Russia, Iraq, and Iran. So you'll see that crude oil has indeed had some speculative trading opportunities recently. But it's important to distinguish—short-term fluctuations do not mean a change in trend. The overall market fundamentals still point to ample supply and moderate demand, and this pattern has not been broken for now.

Geopolitical events can create short-term opportunities, but they don't change the big picture. If you're still bullish, don't chase too aggressively on rebounds. On the technical side, the 59 level remains a relatively strong resistance, so for now, just use it as a reference point above.

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ChainPoet

· 01-12 09:46

It's just a lively scene, but it's still the same old trick—geopolitical hype.

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ForeverBuyingDips

· 01-09 10:53

Basically, it's just messing around, the real trend hasn't moved Short-term fluctuations are just a leek harvesting machine, don't be fooled Geopolitics, as soon as news comes out, it surges upward. It just annoys me to watch 59 is still holding down, don't overthink it Supply is sufficient, demand is weak, and this market is just sitting here

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MEVHunterWang

· 01-09 10:52

Geopolitical events are stacking up, but the fundamentals haven't changed. To put it simply, it's still just hype.

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MemeCurator

· 01-09 10:51

The Black Sea fleet is back to causing trouble. What kind of market movements can this geopolitical chaos stir up? --- Honestly, it's the same old trick. Short-term volatility looks fierce, but the overall trend hasn't changed. --- 59 cards are holding tight; those chasing the high are all leeks. --- On the US side, ships are being seized while new orders are being issued. Do they really think the world is their backyard? --- Iraq's nationalization to evade sanctions—more and more countries seem to be playing a game against the dollar. --- Supply is actually sufficient; it's these geopolitical issues creating anxiety. Smart people should take advantage of the rebound to sell.

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OneBlockAtATime

· 01-09 10:48

The geopolitical chaos does not change the fundamentals, everyone understands this principle but everyone is greedy --- It's another event-driven pump, basically a short-term trap for retail investors --- 59 is heavily suppressed, a rebound is just a window for distribution --- With ample supply and moderate demand, I actually lean bearish --- The Black Sea line can't hold much longer, we still need to see how Russia's oil situation develops --- Chasing rebounds is just a gift for the market, wait until a breakdown to see --- A bunch of geopolitical noise can't hide the weak fundamentals --- Iraq's move is quite clever, taking advantage of the chaos to dodge sanctions --- Short-term opportunities ≠ profit-making opportunities, can these two be equated? --- Three or four stories a week, retail investors love this routine

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