Institution: Assad's downfall and Middle East uncertainty will rise, and oil prices will pump up.

Jinshi Data News on December 9th, after the overthrow of the former Syrian President Bashar al-Assad’s regime, the uncertainty in the Middle East has increased. During the early European session, oil prices pumped. Analysts at ANZ Bank said, ‘After the collapse of the Syrian government, the geopolitical situation in the Middle East may continue to be tense in the coming days.’ However, despite OPEC+'s decision to extend a series of production cuts, concerns about global demand and the impending supply glut have limited the gains. Saudi Arabia’s decision to lower crude oil prices for January shipments to its main Asian markets also highlights the weakness of demand prospects.