Crude oil futures rebound in Asian session, ANZ warns intraday volatility may remain high

Bitget

News

汇通财经2026/05/07 00:13

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Asian early trading crude oil futures rose, possibly showing a technical rebound after an overnight decline. Analysts from the ANZ Bank Research Department stated that the market is being driven by optimism over reaching an agreement to end the Middle East conflict in the coming days.
However, the analysts added that the situation remains highly volatile, and intraday volatility may remain elevated until there is more substantial progress.
Nearby West Texas Intermediate crude oil futures rose 1.2% to $96.18 per barrel, while nearby Brent crude oil futures increased 0.9% to $102.19 per barrel.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Crude oil futures rebound in Asian session, ANZ warns intraday volatility may remain high

You may also like

Crypto prices