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Supply risks have not yet constituted support, and crude oil futures have fallen.
Jin10 data, September 17: Crude oil futures prices fell. Analysts stated that the risk of Russian oil supply due to Ukraine's attack on key Russian facilities, along with the possibility of harsher sanctions from the West, remains the focus of the market. However, so far, these factors have not provided sustained support for oil prices. Nonetheless, the policy tone released by the Fed later may affect the oil market—especially if the Fed signals a “shift to rate cuts,” which could further weaken the dollar exchange rate and boost market expectations for crude oil demand against the backdrop of a potential oversupply in global crude oil.