The rise of crude oil will increase the production cost of various futures products, from manufacturing to transportation. For example, the increase in basic costs such as agricultural tractors and aircraft spraying pesticides. For example, in the process of transporting finished products to the warehouse, the transportation cost will also increase, and crude oil is even one of the raw materials of many chemicals, so the rise of crude oil can be said to affect the price increase of bulk commodities.
Oil is an energy source and a commodity, which is linked to the US dollar. Future agricultural products such as soybeans depend on CBOT, the Chicago Stock Exchange.