Crude oil presents an oscillating trend, fuel oil drops sharply

Yesterday, affected by fluctuations in crude oil prices, the main contract for high-sulfur fuel oil fell sharply by 3.90% to close at 2936 yuan; the main contract for low-sulfur fuel oil fell 2.19% to close at 3834 yuan. Market participants said that there is a lack of internal drive in the fuel oil market in the near future, and the subsequent price trend will still be dominated by crude oil prices on the cost side.