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Why wti new york crude oil cfd plummeted again?
The rise and fall of oil prices is related to the global background.

Many countries have entered the category of economic constraints and even faced the situation of energy shortage. However, industrial production and people's life need a lot of energy, and it is an established fact that oil and natural gas resources are in short supply and prices are rising.

Because many residents choose fuel vehicles, the fuel cost they get is rising. At the same time, some netizens have the idea of buying new energy vehicles, especially the manufacturing technology of new energy vehicles in China has gradually matured. After the oil price rises, new energy companies face considerable development prospects and adjust the sales price of new energy vehicles appropriately. Despite this, the sales of new energy vehicles in many cities in China are getting higher and higher, which can also reflect that the rise in oil prices will affect car sales.