Oil prices are likely to see limited downside despite recent signals that some sanctions may ease, according to analysts at Commerzbank. The assessment comes as markets weigh the potential for increased supply against persistent demand concerns and geopolitical uncertainty. In a note to clients, Commerzbank strategists argued that the potential for a relaxation of sanctions on key oil-producing nations is already priced into current levels. They emphasized that actual increases in supply would take time to materialize, limiting the downward pressure on prices in the near term.