Crude oil: Balancing the economy and oil market prospects, oil market fluctuations are expected to continue.

In the previous week, the market weighed the outlook for the oil market and awaited the meeting between the United States and Russia, with oil prices remaining volatile. Although no agreement was reached during the US-Russia meeting over the weekend, prospects for negotiations on the situation in Eastern Europe improved. Expectations for strengthened sanctions against Russia were temporarily suspended, weakening market concerns and adding to the outlook of oversupply in the oil market. This may put pressure on oil prices to remain weak, along with support from US summer demand, resulting in continued volatile market conditions in the oil market.