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When will soybean oil futures break?
This situation is hard to say, but the international oil price is likely to continue to rise, which means that the international oil price is likely to exceed $200, but the specific time is yet to be determined.

When the international oil price has risen to $0/80 per barrel, this problem has further affected the development of various countries and regions in the world. The living cost of residents in many places has further increased, and the profit rate of economic activities has also been decreasing. At the same time, due to the unclear conflict between Russia and Ukraine, this means that international oil prices may continue to rise, and may even exceed $200.

First, I don't think there is any way to accurately predict when the international oil price will exceed $200.

If we infer from the situation in Russia and Ukraine, because the situation in Russia and Ukraine is very tense, we can't see when the situation in Russia and Ukraine will ease, which means that the problems in Russia and Ukraine will further affect the international oil price. It is also for this reason that the international oil price is likely to exceed $200 per barrel, but we have no way to accurately predict the relevant time.

Second, I think oil prices in some areas may be higher.

Personally, in addition to the international oil price, the oil price in Europe may be higher. Because as long as Europe's energy is exported from Russia, after Europe imposes a series of economic sanctions on Russia, the local energy import price in Europe will further rise, thus further pushing up the oil price in Europe.

Third, although the international oil price may exceed $200, we need to be cautious about futures trading.

In the process of rising international oil prices, some people will make corresponding profits through futures trading. There is nothing wrong with this in itself. If this standard is used for futures trading, I think every investor needs to be responsible for his trading behavior. It is indeed possible for the international oil price to exceed $200, but there may be violent fluctuations. For us ordinary people, we just need to know that international oil prices will continue to rise.