First, the data of supply and demand, major producers and consumers have great influence on crude oil prices.

Second, geopolitics, especially in the Middle East, will affect the short-term supply of crude oil.

Third, in the global economy, in the era of industrialization, a good economy can drive the actual demand for crude oil prices, and when the economy is bad, the demand for crude oil is relatively small.

Fourth, the seasonal effect. Seasonal consumption of crude oil also has a very important impact on crude oil data.

Fifth, the development of new energy, crude oil is mainly used as energy. If new energy develops rapidly, it will replace crude oil to some extent.

Sixth, the factor of war. At present, most heavy weapons are driven by petrochemical products. Of course, the larger the scale, the greater the impact on crude oil prices. In addition, if the Middle East war affects the supply of crude oil, it will also bring relatively good crude oil prices.

Seventh, the trend of the dollar. At present, under the system of owning dollars, dollars and crude oil are negatively correlated.

Eighth, other influencing factors.

I hope it helps you. If you want to know more, you can ask me.