Analyst: Oil prices are unlikely to fall to levels that would curb inflation expectations

Swissquote analyst Ipek Ozkardeskaya stated in a research report on March 12, according to Golden Ten Data, that oil prices are unlikely to fall to levels sufficient to curb inflation expectations until geopolitical tensions significantly ease. The 400 million barrels of oil planned to be released by the International Energy Agency are only enough to support about 9 to 10 days, and the agency holds a total reserve of only about 1.2 billions barrels. The occurrence of a second energy crisis within five years highlights the urgent need for economies to break free from dependence on imported energy. She said, "Market risks remain tilted to the downside," while mentioning "AI anxiety, severe disruptions in oil and fertilizer trade, significant threats to global inflation, and private credit pressures."