Crude oil futures stabilized after a slight decline for three consecutive days. The downward pressure for this week is limited.

Crude oil futures stabilized after a slight decline for three consecutive days. Despite potential concerns in the market about OPEC+ increasing production and possible economic impact of U.S. tariffs on demand, downward pressure on oil prices this week is limited. Analyst Fawad Razaqzada from Forex.com said, "Clearly, as we progress into the second half of this year, OPEC will release more supply to the market, but ultimately, I don't think demand will be as bad as people fear. In the remaining time of this year, oil prices are more likely to be in a sideways trend instead of forming a clear trend."