On March 6th, 20021year, the price of crude oil in the international market was bullish. After rising for five months in a row, Brent crude oil price closed at $70 a barrel today, a record high in recent years. Analysts of Wall Street financial institutions in the United States continue to be bullish on oil prices, and even predict that oil prices will rise to more than 100 dollars next year.

According to the domestic refined oil price formation institutions and the latest crude oil price calculation, it is predicted that the domestic refined oil price adjustment window opened on the evening of March 17 will usher in an unprecedented "nine consecutive rises in domestic oil price adjustment".

Extended data

International oil prices plummeted in the past year:

Looking back on the past year, the international oil price immediately entered the downward mode after hitting a stage high of 65438+ 10 in early October 2020. In March, as the epidemic spread around the world, the demand for crude oil dropped sharply, and international oil prices began to plummet.

On April 20th, 2020, the price of light crude oil for May delivery in the New York Mercantile Exchange collapsed, dropping by $55.90 to-$37.63/barrel, a decrease of 305.97%. This is the first time that oil futures have fallen into negative numbers since the New York Mercantile Exchange 1983 started trading.

After experiencing a historic bottom, the international oil price has started a rebound mode again, and by the end of 2020, it has returned to the level at the end of February of the same year. In 20021year, with the emergence of the inflection point of the global epidemic, the world economy was gradually restarted, and the international oil price rose again.