Oil prices can't keep rising, because international organizations specialize in regulating oil supply, demand and output. Excessive oil prices will lead to a slowdown in the international economy, which no one wants to see, so it will increase oil production and also lead to a decline in oil prices. In addition, it is expected that the United States will tighten monetary policy, which will also lead to a decline in oil prices. And because the epidemic will lead to insufficient global economic development, it will indirectly lead to a drop in oil prices. The above is whether the oil price will keep rising.

Factors affecting the price of crude oil

1. Relationship between supply and demand: namely, supply and demand, namely, the output and export of oil-producing countries, as well as the procurement, storage and development requirements of crude oil-demanding countries. When the supply of crude oil is greater than that of importing countries, the price of crude oil will fall, leading to international overproduction of crude oil; On the contrary, if the supply of crude oil is lower than that of importing countries, the price of crude oil will rise;

2. Changes in crude oil inventory: inventory is a buffer in the relationship between supply and demand. When the futures price is higher than the spot price, the commercial inventory will increase, thus stimulating the spot price to rise. On the contrary, it will push the spot price down.

This article mainly writes about whether the oil price will keep rising, for reference only.