Market focuses on potential supply risks, oil prices rise
2026-10-28 11:24:41
According to CoinMeta, the market is focused on potential supply risks, and international oil prices have risen during the Asian trading session. Some analysts from ANZ Bank stated in a report that although the prospects for diplomatic negotiations have eased tensions in the Middle East, they have not triggered significant selling interest in the market, as traders are paying more attention to what is actually happening on the ground. The analysts added that the risks to crude oil supply continue to rise. Saudi Arabia has indicated that it has controlled the fire that occurred near its largest oil export terminal in Ras Tanura after the region was attacked.
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Source:Jin10 Data
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