Live Updates > Live Update Details
2026-04-08 18:57:38
Domestic analysts suggest that the core reason for short-term downward pressure on international oil prices is the fading of geopolitical risk premiums due to the temporary ceasefire between the US and Iran, leading to a reassessment of cost support in the energy and chemical sector, and prices may continue to decline. However, the ceasefire is only two weeks long, and negotiations remain uncertain; a deterioration in the situation could reignite geopolitical risk premiums. In the medium term, limited OPEC+ supply recovery and slow infrastructure repairs in the Middle East will create a supply gap supporting oil prices, while macroeconomic stagflation and weak domestic demand will suppress price increases, resulting in oil prices remaining range-bound.
