The reason for saying this is mainly because the problem of energy shortage cannot be solved in a short time. Although the relationship between supply and demand directly led to a series of bad news about the international oil price, after these bad news were digested, many people predicted that the international oil price might continue to rise, and some even predicted that the international oil price might rise above $0/50 per barrel.
International oil prices are facing a series of bad news.
With the continuous rise of international oil prices, different institutions have different judgments and differences on international oil prices. Under such circumstances, some people are not optimistic about the outlook of international oil prices, and international crude oil prices have also dropped by 20 to 30 dollars in a short time. After that, the international crude oil price generally remained at around 95 USD to 105 USD.
The follow-up trend of oil prices may continue to rebound.
The problem of oil price is actually easily affected by the conflict between Russia and Ukraine. After the conflict between Russia and Ukraine became clearer, many people interpreted this news as bad news about oil prices. But in fact, even if the conflict between Russia and Ukraine comes to an end, it is difficult to solve the problem of energy shortage in a short time, which means that the international oil price in the follow-up market may continue to rise. In addition, because Russia and Ukraine can't deliver oil and natural gas to Europe in the first time, this will further lead to the skyrocketing price of oil and natural gas in Europe.
Many people predict that oil prices will continue to rise.
After the international crude oil price exceeds 100, the international crude oil above 100 may last for some time. Before the problem of energy shortage is completely solved, the prices of various energy sources, including oil and natural gas, will rise further, which will also directly push up the prices of various industrial manufacturing supplies, thus increasing people's living costs. At the same time, with the rise of international crude oil prices, people's travel costs will further increase, and more and more people may choose to buy new energy vehicles.