Main methods:
1, the U.S. government persuaded its oil companies to limit the amount of exploitation.
In the last five years, despite the high oil price, the output of American oil giants has remained at a level.
2. Saudi Arabia, a loyal ally of the United States, is willing to implement the strategy of the United States, but it has not shown the desire to increase oil supply in large quantities to suppress oil prices.
3. Speculation in new york futures market is the driving force of oil price growth.
There is no doubt that Americans set the tone there, and a large number of futures transactions push up oil prices every day.
Auxiliary method:
1. Before the Iraq war, it was said that 3 million barrels of Iraqi oil could be supplied to the market every day after Saddam Hussein's regime was overthrown 1 year.
It will reach 5 million barrels in three years, but now Iraq's oil export is only 6.5438+0.5 million barrels, even lower than that during Saddam's administration. In other words, the United States does not need to export too much Iraqi oil.
2. The United States makes full use of its influence and dominance to ridicule the market, price, technology and psychology with market functions.
Although the United States has not announced that the dollar is directly linked to oil, it has ensured the hegemonic position of the dollar in the international monetary system by monopolizing the trading pricing power of commodities such as oil. This is the most essential relationship between the dollar as an international currency and the pricing mechanism of petrodollars.