Current location - Trademark Inquiry Complete Network - Futures platform - I would like to ask you all, what impact does the sharp drop in oil prices have on our lives? Is it good or bad for our country's economy?
I would like to ask you all, what impact does the sharp drop in oil prices have on our lives? Is it good or bad for our country's economy?

The sharp drop in oil prices may be caused by lower inflation expectations and market expectations that the economic situation is not optimistic. It is negative for the overall economy, but for individuals it may mean an increase in short-term purchasing power such as cash and deposits. Of course, when high oil prices seriously affect the economy, and oil prices are weak and unattractive, the sharp drop may just be a profit-making exit for speculators in the crude oil futures market.