Is the oil price about to rebound?

In the short term, the rise of international oil prices is limited, and the likely rate of international crude oil prices fluctuates, which will not affect the rise of domestic gasoline and diesel prices.

In 2023, it will be very painful for Chinese fuel car users. International oil prices have risen sharply, and domestic oil prices have even been raised for seven consecutive times. Consumers have paid a higher price to consume gasoline and diesel.

 In the final analysis, this crude oil price is rising, which is the spread of the Russia-Ukraine conflict in the field of commodities. Crude oil and grain are the two major hard currencies in Russia's hands. With the deepening of sanctions from both sides, the impact on the commodity market will become greater and greater.

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