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2026-05-26 11:22:07
[Analysts: Energy Prices Unlikely to Fall Quickly, Dollar Lacks Sufficient Bearish Reasons] 1. Analysts point out that even if the Middle East situation is resolved in the short term, energy prices are unlikely to quickly return to pre-war levels. Supply chains will take time to return to normal, and inflationary pressures and market concerns about persistently high interest rates will persist. 2. OCBC strategists stated in a report that they still expect oil prices to decline slowly, potentially remaining below $100 per barrel even in the second half of 2026. This means that the support the dollar receives in terms of trade terms will not fade quickly. 3. Strategists further point out that there are currently no sufficient reasons to be bearish on the dollar. Factors such as the resilience of the US economy and inflationary pressures driven by artificial intelligence development have prompted the Federal Reserve to shift its monetary policy stance to a more hawkish position.
