Raising interest rates is the behavior of the central bank of a country or region to raise interest rates, which increases the borrowing cost of commercial banks and other financial institutions to the central bank, and then forces the market interest rate to rise. The purpose of raising interest rates includes reducing money supply, curbing consumption, curbing inflation, encouraging private deposits, and slowing down or curbing market speculation. Raising interest rates can also be used as an indirect means to increase the value of domestic currency or local currency against other currencies.

Generally speaking, when a country's economy is overheated and inflation is getting more and more serious, it can cool the economy by raising interest rates. The Fed's interest rate hike will promote the appreciation of the US dollar and put some pressure on crude oil commodities. However, the specific economic environment needs to be comprehensively analyzed in combination with factors such as the economic cycle at that time.

Generally speaking, crude oil is directly linked to the US dollar, and the increase in the interest rate of the US dollar will inevitably lead to the support of buying dollars in the international market. More people will buy dollars because they can get interest, so the continuous interest rate increase of 17 means that crude oil will be sold with the increase of American interest rate.

In short, the impact of the Federal Reserve on crude oil prices is not a simple positive or negative correlation, but needs to be comprehensively analyzed in combination with short-term factors such as macroeconomic background and economic cycle at that time. In the long run, we need to be alert to the possible pressure on commodity markets and crude oil caused by the Fed's interest rate hike.