Barclays Bank clarifies its forecasts for the potential impact of risks on the oil market.

The renowned British investment bank Barclays issued a research note on Wednesday detailing its forecasts regarding crude oil conditions and the influencing factors, particularly in light of businessman Donald Trump's second election to the U.S. presidency.

In this regard, the British bank clarified that the dynamics in the oil market are relatively stable, and significant shifts that could impact prices in the near future are unlikely to occur.

Barclays has noted that the volatility that had previously surrounded the crude oil market has recently decreased, and energy market sentiment is focusing on the risks of declining crude oil prices.

Conversely, Barclays believes that both upward and downward risks have become more balanced, especially in light of recent improvements in oil market fundamentals and the possibility of geopolitical tensions escalating dramatically.