DBS Bank: Oil prices may surge with conflicts, Asian oil futures are seen as a high-risk investment choice.

Analysts from the research department of DBS Group pointed out in a report that with the ongoing Middle East conflict, further increasing investments in Asian oil substitutes could be a risky move. They stated that if the conflict persists, oil prices could remain above $100 per barrel for a prolonged period, and could even rise to $150 or higher in the next two quarters. They believe that the volatility of crude oil prices makes it difficult to evaluate stock values based on oil prices of $90 to $100 per barrel, a challenge reflected in the relatively subdued performance of global oil giants' stocks. The analysts recommend continuing to invest in upstream and diversified oil company stocks, but also caution that further large investments could bring risks.