In the early hours of December 3rd Beijing time, crude oil in the usa WTI rose slightly on Monday. The market is watching whether the ceasefire agreement between Lebanon and Israel is being upheld and is closely monitoring whether the Federal Reserve will continue to lower interest rates in December.

Brent crude oil futures for January delivery on the intercontinental exchange in europe fell by 1 cent, a decrease of 0.01%, closing at $71.83 per barrel.

West Texas Intermediate (WTI) crude oil futures for January delivery on the new york commodity exchange rose by $0.10, an increase of approximately 0.15%, closing at $68.10 per barrel.

The ceasefire between Israel and Lebanon that took effect last Wednesday seems to be increasingly fragile. Lebanese authorities stated that since the agreement came into effect, Israel has repeatedly violated the agreement and has aggressively launched over 54 attacks.

According to reports from CCTV, on the night of December 2nd local time in Israel, it was learned from Lebanon that Israel launched a series of attacks on multiple towns and regions in southern Lebanon. In response, Israel has not yet commented.

On that day, Lebanon's National Assembly Speaker Nabih Berri accused Israel of violating the agreement and stated that since the ceasefire agreement came into effect, Israel has violated the agreement more than 54 times.

The Israel Defense Forces announced on the afternoon of December 2nd local time that in the past two days, the Israeli military has continued operations in southern Lebanon in response to several actions by Hezbollah. The military stated that these actions by Hezbollah pose a threat to Israeli civilians and violate the ceasefire agreement between Israel and Lebanon.

The Pentagon stated on Monday that despite some events, the ceasefire between Israel and the Lebanese armed group Hezbollah remains in place.

Dennis Kissler, Senior Vice President of BOK Financial Trade, stated: "Geopolitical risks still exist. Although Israel has signed a ceasefire agreement, it is clear that there are some misunderstandings regarding the legitimacy of the ceasefire."

In addition to the situation in the Middle East, investors are also paying attention to the Federal Reserve's December meeting. Concerns are growing that the Federal Reserve might not lower interest rates in December.