Plummeted by more than 6%, and the two oils of Meibu broke "hundreds"! How to go after the market?

On Tuesday (March 15), international oil prices plunged by more than 6%, and the prices of US crude oil futures and London Brent crude oil futures fell below the $100 per barrel mark
.

Recently, international oil prices have continued to fall
from the high point of the past 14 years.
As of the close of trading on the 15th, the price of light crude oil futures for April delivery on the New York Mercantile Exchange fell by $6.
57, or 6.
38%, to close at $96.
44 per barrel; London Brent crude futures for May delivery fell $6.
99, or 6.
54%, to settle at $99.
91 a barrel
.
For the first time since late February, the two contracts settled below $100 a barrel
.

International oil prices fell to their lowest level in nearly three weeks on Tuesday as concerns of supply disruptions eased
, Reuters Chinese reported.
Meanwhile, the Fed is widely expected to raise rates by 25 basis points on Wednesday, the first in four years
.
The move could strengthen the dollar and dampen demand
for dollar-denominated commodities.

Baocheng Futures analysis said that although European and American countries began to impose sanctions on Russian energy, resulting in an accelerated rise in international crude oil futures prices, as the bullish expectations were digested by the market, and Russia and Ukraine continued to negotiate, coupled with high oil prices began to suppress future demand, potential bearish prices induced oil prices to rise and fall
.
Since the bullish expectations of the crude oil market have been basically full, with the potential bearish factors on the stage, the market has a trend of extreme opposite
.
In the short term, the positive expectations for the Russian-Ukrainian negotiations, the continued progress of the Iranian nuclear agreement and the UAE's proposal to increase production last week all indicate that there are some factors that cool oil prices in the market, but obviously a very important reason for the oil price to come back is the huge challenge brought to investors by the extreme volatility of the financial market during this period, which has led to investor sentiment from over-excitement to risk aversion, and the overall risk appetite of the commodity market has shown a rapid cooling trend, which has made investors' views on crude oil conservative
。

GF Futures pointed out that the Fed's monetary tightening measures under high inflationary pressure may strengthen the US dollar, putting pressure
on oil prices.
OPEC's latest monthly report maintains the demand growth rate unchanged in 2022, the fundamentals of the current tight balance in the oil market remain unchanged, and the market gradually returns to fundamentals after giving up geopolitical risk premiums, and short-term oil prices are still supported
.