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Market fluctuations are frequent, and the fuel oil market trading atmosphere is cautious.
Market news fluctuates frequently, with the fuel oil market showing a wait-and-see trading atmosphere. Under cost pressure, industry players are reluctant to sell at low prices, but downstream risk-avoidance sentiment is rising, leading to cautious buying and selling driven by just-needed purchases. Market buying interest is not strong. The news and supply-demand sides are intertwined with both bullish and bearish factors, and it is expected that today’s fuel oil trading will remain stable with a potential for upward movement. (Longzhong Information)