Sufficient Oil Supply Keeps Prices Stable Within a Stable Range

According to analysis by Phillip Nova, the outlook for oil prices in the upcoming period is expected to remain within a relatively controlled range. As reported by Jin10, analyst Priyanka Sachdeva explained that sufficient global supply is the main factor maintaining price stability.

Geopolitical Speculation as the Main Driver of Volatility

Recent oil price dynamics have been dominated by market expectations of tensions in the Middle East. Sachdeva emphasized that the price increases are more driven by investor concerns than actual supply disruptions. Understanding the difference between market speculation and fundamental supply conditions is important when analyzing price movements.

Adequate Global Supply Limits Price Increase Potential

In this context, the presence of adequate oil supply serves as an important indicator. Only if there is a significant and sustained supply shortage will it trigger a substantial price increase. Current supply conditions continue to serve as a foundation that stabilizes price ranges, preventing extreme spikes despite ongoing geopolitical tensions.

Macroeconomic Factors: Temporary Short-term Influences

Economic data from the United States and other macroeconomic indicators can cause short-term price fluctuations. However, the impact of these factors remains limited as long as market supply remains sufficient. The combination of stable supply and moderate macroeconomic conditions suggests that oil prices are expected to stay within the established range.