1. The dollar depreciated, and the oil price calculated in dollars rose.

2. Newly industrialized countries, such as China, Indian and other countries, have experienced a sharp increase in oil consumption, which has led to a sharp increase in demand.

Recently, we can't ignore Russia's role. Because of its bad relations with the West (bad news), Russia plans to cut production.

About two weeks ago, when the oil price fell to a low of $95, the Organization of Petroleum Exporting Countries threatened to consider cutting production (which is bad news).

5. The U.S. financial crisis, the U.S. economic outlook is uncertain, and the expectation of dollar depreciation has increased.

6. Oil futures market activities ...

The rise in oil prices is closely related to the United States, which is the largest oil consumer in the world. The rise in oil prices is closely related to the United States, and its direct impact is:

1. Inflation (CPI rising) lowers the national living standard.

2. With the increase of production cost (PPI), economic development is further restricted. ...