When the oil price keeps rising, many car owners complain about it. In fact, there are many factors for the rise of oil prices, and it is precisely because of the superposition of these factors that oil prices will continue to rise.
First, crude oil exporting countries raise oil prices, which will lead to a continuous rise in oil prices. Because of the uneven distribution of global crude oil, crude oil exporting countries have the right to speak on the price of crude oil. When crude oil exporting countries choose to raise crude oil prices, international oil prices will naturally soar rapidly. The continuous rise in oil prices this time is due to the continuous increase in crude oil prices by major crude oil exporting countries, so the market will adjust oil prices accordingly.
Second, the unstable international situation has led to a continuous rise in oil prices. If the international situation is unstable for a long time, then oil prices will become a scarce commodity in the international market. In addition, this unstable international situation involves Russia, an important crude oil exporter, which leads to the shortage of international crude oil supply. If this phenomenon is not solved for a long time, the international oil price will rise to a very alarming figure.
Third, international financial speculators have controlled oil prices, which has led to a continuous rise in oil prices. The pricing power of oil price lies not only in the supply of crude oil exporting countries, but also in the speculation of oil price by international financial speculators. In order to get more benefits from crude oil and other commodities, international financial speculators kept raising oil prices during this period, which made oil prices unacceptable. If international financial speculators don't stop their behavior, oil prices will inevitably develop out of control.
Although oil prices at home and abroad are not uniform, we should also consider China's own national conditions. As China is a big importer of crude oil, the domestic oil price will naturally be significantly higher than the international oil price.