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Why is the price of oil rising so fast?
There are three main reasons for the surge in international oil prices:

1, the supply gap is obviously increased.

Affected by the production cuts of OPEC+and other oil-producing countries, the oil stocks that surged at the beginning of the epidemic have shrunk. Fearing that a new round of blockade would undermine efforts to rebalance the market, Saudi Arabia announced additional production cuts in June 20021.

2. The market snapped up spot crude oil.

It is difficult to measure the output and demand of crude oil in real time, but the relationship between oil prices delivered on different dates shows that buyers are competing for crude oil. Traders are willing to pay a higher premium to hold spot crude oil instead of getting it a year later, which is completely different from the situation that the spot crude oil price fell last spring and there was a big discount relative to the futures price.

3. Investors retreat to the second line.

Traders and analysts say that so far, the main factor supporting the rise in oil prices is supply and demand, not speculation. At present, the ratio of bullish position to bearish position of WTI crude oil futures and options contracts held by fund managers is lower than 20 18 when oil prices rise. This shows that investors have not dominated the market.

Fuel saving skills:

The first point is to reduce the load of the vehicle:

For example, the load of the car will determine the fuel economy, but some friends run business, or like to engage in some sports, or like fishing. The trunk may be full of things for a long time, which may reach forty or fifty kilograms, or even seventy or eighty kilograms.

Such a heavy thing, pressed in the trunk for a long time, will inevitably increase fuel consumption, which is equivalent to one more person. So you can clean up the things you don't need in the car, and don't drag them in the trunk for a long time, which will increase fuel consumption and is not environmentally friendly.

Second, pay attention to the tire pressure:

Some friends may not pay much attention to tire pressure. It may be that the lower limit of the alarm is reached, so the tire rolling resistance will be too large and the fuel consumption will rise appropriately during operation. So you can push the tire pressure higher.

For example, it is suggested that the tire pressure hit 2.2, then it can hit 2.3 or 2.4. Even many friends actually hit 2.5, and the problem is not that big. On the contrary, when the car is running, the rolling resistance will be smaller and lighter, and if appropriate, it will save fuel.