The market's position on crude oil in early April has changed from moderately bullish to strongly bearish.

Since lower interest rates can reduce consumer borrowing costs, thereby boosting the economy and boosting oil demand, if the central bank delays the pace of rate cuts in the future because inflation is rising again, this could in turn hit oil prices.。

Whether it is from the time node or the intensity of production cuts, Russia's actions this time have exceeded market expectations.。Overlapping the previous sharp drop in Moscow's crude exports due to weather problems and planned overhauls, international oil prices rose in early Asian trading on Monday。

Predictably, international oil prices will continue to be under pressure for some time.。