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February 22 – According to the Ukrainian National News Agency, U.S. Presidential Envoy Vitkov stated in an interview with Fox News that Ukrainian and Russian delegations will hold a new round of negotiations within three weeks, potentially leading to a high-level summit. He said, “Kushner and I hope that some of the suggestions we have made to both sides will bring them together within the next three weeks, and may even lead to a summit between President Zelensky and President Putin. The summit could eventually evolve into a trilateral meeting, in which President Trump will also participate.” Vitkov indicated that Trump will only attend the meeting if he feels he can achieve the best possible outcome. Zelensky previously stated that the next round of peace talks should be held in Geneva within ten days.U.S. Presidential Envoy Witkov stated that a new round of peace talks on ending the war in Ukraine will be held within three weeks.Ukraine claims that Russia launched a large-scale missile and drone attack that struck Ukraines energy infrastructure.On February 22, the Afghan Ministry of Defense issued a statement saying that Pakistan had once again violated Afghan territory, launching airstrikes on multiple civilian areas in Nangarhar and Paktika provinces. The attacks resulted in dozens of civilian casualties, including women and children. The Ministry of Defense strongly condemned Pakistans blatant violation of Afghan territorial sovereignty, considering it a serious breach of international law and the principle of good neighborliness. The Ministry warned that it would respond appropriately and carefully at the right time.February 22nd - According to Shanghai Railway Group, the Yangtze River Delta railway network is experiencing a peak in return passenger traffic on February 22nd, with an estimated 3.19 million passengers transported today, a year-on-year increase of 15.3%. Yesterday, 2.913 million passengers were transported, a year-on-year increase of 18.3%. Since the start of this years Spring Festival travel rush, the average daily passenger volume has been approximately 2.595 million. The railway department is increasing capacity on key routes and during peak hours to actively cope with the passenger flow peak, planning to add 584 passenger trains (378 through trains and 206 local trains) and expand the fleet of high-speed trains by 366.

October 4th US crude oil trading strategy: follow OPEC+ ministerial meeting

Oct 26, 2021 10:57

On Monday (October 4), US crude oil fell slightly. The short-term OPEC+ meeting may be negative for oil prices, but the technical picture still shows a bullish pattern. It is recommended that activists go short on rallies and conservatives wait and see.


Daily level: Oil prices have risen for the previous three consecutive times, but they have not yet escaped from the previous shock range.

Technically, the Bollinger Bands move up in the middle track, the moving average system is long, and the MACD golden cross is still on the high side.

OPEC+ will hold a meeting within the day to agree on the output policy after November. The market expects OPEC+ to increase production beyond expectations to cope with the increasing energy demand, which is negative for the daily oil price trend. It is recommended that conservatives wait and see, and radicals go short on rallies.

The upper resistance level focuses on the high of 76.67 on September 28, and further attention to the high of 76.98 on July 6 and the 78.00 mark.

Below support levels focus on the 5-day moving average of 75.10, and further focus on the 10-day moving average of 74.09 and the September 15 high of 73.14.

(U.S. crude oil daily chart)

Resistance levels: 76.67; 76.98; 78.00
Support levels: 75.10; 74.09; 73.14

Short-term operating recommendations: conservatives wait and see, radicals short rallies.

At 14:45 GMT+8, U.S. crude oil was quoted at $75.48 per barrel.