US crude oil: fluctuating upward, buy on dips

(1) Analysis rationale: Saudi oil pipeline disruptions combined with Middle East supply risks keep WTI at high levels, but an unexpected increase of about 7.1 million barrels in US crude inventories has created a short-term tug-of-war between bulls and bears. The market remains cautious ahead of the Federal Reserve interest rate decision, with oil prices fluctuating near the high level of $105. Be alert for a possible pullback after a surge. (2) Key focus: geopolitical situation, inventory data, US dollar index, Federal Reserve interest rate decision (3) Resistance: 105.00, 105.60, 106.00 (4) Support: 104.00, 103.50, 103.00