油市观望俄乌和谈前景，高盛：若达成协议，油价或跌5美元！

Core Insights - Oil traders and analysts are cautious about the immediate impact of a potential peace plan in Ukraine on global Russian oil supplies, with many not expecting a deal or believing that any increase in Russian oil exports would take time to materialize [1][4] - Despite U.S. President Trump's push for a process that could release some Russian oil supplies, oil prices have not experienced significant fluctuations, remaining above $60 per barrel since the sanctions were announced [1][4] - The flow of Russian crude and refined products has changed since the onset of the Ukraine conflict, with shipments now taking weeks to reach new buyers in India, and supply reductions have occurred, particularly after attacks on Russian refineries [4] Market Reactions - Brent crude oil prices have remained relatively stable, fluctuating around $60 per barrel since early October, indicating sensitivity to news related to negotiations but without significant directional movement [4] - Goldman Sachs noted that while the likelihood of a peace agreement is low, if one were to occur, it could lead to a $5 drop in oil prices due to potential easing of sanctions [5] Supply Chain Dynamics - The complexity of sanction removal and the hesitance of former major European buyers to resume purchases contribute to the cautious outlook among traders [1] - The potential for reduced attacks on Russian refineries could alleviate some pressure on Russian fuel exports, impacting overall supply dynamics [4]