04:01
Oil market stabilizes, analysts: market bets on de-escalation of the situation in Russia
Jin10 data reported on October 24, founder of oil market analysis provider Vanda Insights, Vandana Hari, stated: "Crude oil prices are stabilizing, and some profit-taking is occurring, indicating that the market is not panicking over Russian supplies. The market may enter a wait-and-see mode until the situation reaches the next turning point, which could be an escalation or a de-escalation. It seems that the market is betting on the latter."

