First of all, the rise and fall of stocks is not determined by the rise and fall of oil prices, but by factors such as supply and demand, capital, performance, policies and news. Secondly, the rise in oil prices has a certain negative effect on stocks, because oil is closely related to people's lives and enterprise costs. As the oil price rises, the people's living cost increases, the production cost of enterprises will also increase, and the profits of enterprises will decrease, so it is bad for stocks.

It should be noted that the rise and fall of oil prices may affect the rise and fall of oil-related stocks in the short term, but in the medium and long term, oil stocks are still affected by factors such as supply and demand.