Short-term trading advice for US crude oil: range-bound trading, sell at highs, buy at lows.

(1) Analysis: Crude oil transportation in the Middle East has rebounded to near pre-conflict levels. Half of Saudi Arabia’s east-west pipeline capacity has been restored, and the United States plans to release 40 million barrels of strategic reserves through swaps, significantly easing supply concerns. However, the stalemate in US-Iran negotiations remains unresolved, and geopolitical risk premiums may still fluctuate. Oil prices are consolidating around $90 and may remain range-bound in the short term.(2) Main focus: geopolitical situation, inventory data, US Dollar Index, US non-farm payroll data.(3) Resistance: 90.60, 91.00, 92.00(4) Support: 90.00, 89.50, 89.00