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Gate.io: After experiencing a major dumping in the global market, oil prices briefly regained some lost ground
Jinshi data news on August 6th, due to concerns about weak demand and global market dumping, oil prices fell in the previous trading day and partially recovered today. Dutch international analysts said in a report: "Investors have been withdrawing from commodities in recent weeks, and position data highlights this. Although the fundamentals of oil still have a support role, speculative sentiment is deteriorating." Concerns about a full-scale war in the Middle East and data showing a rebound in U.S. service activity in July currently provide some support for prices. In addition, analysts said that there are reports that Libya's largest oil field Sharara has been completely shut down due to on-site protests, which offsets some macro bearish sentiment.