International oil prices remained in a narrow range during the Asian trading session on Monday (September 15th). Brent crude futures edged up 3 cents to $67.02 per barrel, while WTI crude rose 8 cents to $62.77 per barrel. Both contracts rose over 1% last week, primarily driven by Ukraine's escalating attacks on Russian energy facilities. The attacks targeted Primorsk, Russia's largest export terminal, and the Kirishi refinery. Operated by Surgutneftegaz, the Kirishi refinery processes approximately 17.7 million tons (355,000 barrels per day) annually, representing approximately 6.4% of Russia's total refining capacity.

On a macro level, investors were also closely watching the US-China negotiations in Madrid. The US has asked its allies to impose tariffs on imports from Asian countries in response to their purchases of Russian oil, a move that has heightened market concerns about trade.

US crude oil's daily chart shows support near $62. The short-term moving average remains upward, and the RSI indicator is in neutral territory, suggesting a temporary lack of direction. If the price can break through the $63.50 resistance level, it could potentially reach $65. Conversely, if it falls below the $61.80 support level, it could retest the $60 mark.

Overall, oil prices remain volatile at high levels. Today's trading recommendation: short at $63.30, with a stop-loss at $63.50 and a target at $62.00.

Disclaimer: The article is contributed by the market analyst from Bitop market observation team. The content is solely for personal opinions and sharing. The analysis is time-sensitive and provided for reference and discussion only. It does not constitute any investment advice. The market is risky, so investing should be done cautiously.