First Silver Network, April 13th, the latest trend chart of international crude oil prices: On Tuesday (April 12), international crude oil prices closed up $1.81, or 4.48%, at $42.17/barrel, setting a new high for the year. At the same time, the contract settlement price It rose

First Silver Network 4 13 news The latest trend chart of international crude oil prices: On Tuesday (April 12), international crude oil prices closed up US$1.81, or 4.48%, at US$42.17/barrel, setting a new high for the year. At the same time, the contract The settlement price rose above the 200-day moving average for the first time since July 2014. During most of the Asian and European trading sessions, oil prices fluctuated within a narrow range between 40.09 and 40.91 US dollars per barrel. However, during the U.S. trading session, oil prices rose sharply and eventually rose by more than 4% due to rumors that Saudi Arabia and Russia had reached a consensus on freezing production. However, the increase in U.S. API crude oil inventories announced after the crude oil market closed was much higher than expected, causing oil prices to quickly dive by about US$0.5 to US$41.64 per barrel in after-hours electronic trading.

Crude oil futures jumped on Tuesday after Saudi Arabia and Russia held talks over a crude production freeze. Coupled with the United States lowering its domestic crude oil production forecast, oil prices eventually reached a new high this year.

There are reports that Saudi Arabia and Russia have reached an agreement to stabilize crude oil production on the eve of this weekend’s Doha meeting in Qatar. According to Interfax news agency, citing anonymous sources, Saudi Arabia and Russia have reached a consensus to freeze crude oil production.

Looking at today’s international crude oil price chart on Wednesday (April 13), in the four-hour chart, the third track of the Bollinger Bands continues to maintain an upward trend. Although the oil price did not hold $42 yesterday, there is still a breakthrough today based on the market situation. The trend is that crude oil is currently in a strong bullish state. If it stands above $42 during the day, it can continue to open up room for growth. Judging from the NMACD indicator, the golden cross of the fast and slow line is rising, and the red kinetic energy is slightly reduced. Therefore, the pressure level of 42 above may be strong. With the EIA data released tonight, oil prices may have a larger trend during the day.

The First Silver Network Market Center shows that as of 10:20 on Wednesday (April 13), the international crude oil price was reported at 41.87 US dollars per barrel.