USOIL's international analysis

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News:

1. The EU has suspended sanctions on Syria's energy and transportation sectors.

2. Iraq's oil minister said that Kurdish oil exports will resume within a week.
3. British media: BP CEO will abandon his promise to cut oil and gas production.
4. Surveys show that Brent crude oil prices are expected to be between $65 and $85 by the end of the year. OPEC+ is not expected to increase production in 2025.
5. Government data showed that Saudi Arabia's oil exports fell 10.0% year-on-year in December last year, commodity exports fell 2.8% year-on-year; imports increased 27.1% year-on-year.

The above news shows that there will be some pressure on oil prices. It is recommended that traders who want to go long at present be vigilant to avoid property damage.

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