I walked along the small canal in the moonlight, looking at the picture scrolls not far away and fell into contemplation — I know many people are beginning to worry about whether crude oil, which had gone up a blue cloud in the early days, would collapse again in the near future.
As the CPI index peaked and fell back in July, the technology sector quickly recovered from the cold winter, but crude oil experienced a torrential rain:
The technology-led index rose by about 20%
Indices led by petroleum fell by about 20%
Traditional energy and modern technology are a happy pair, but after such long-term friction and collision, they develop feelings, so I wouldn't be too surprised if the trend is the same. “Love, hate, hate, and hate. I think it's more complicated than investing.”
The fundamental driving force behind this epic surge in crude oil is the effects of futures premiums caused by the Russian-Ukrainian conflict where demand exceeds supply, as well as the panic effect that European countries are about to enter a cold winter, and the expansion effect of the Asia-Pacific region's urgent need to replenish Uu's rain after losing Russian oil. “The continuous bidding of the three has created an epic surge in oil prices that have already spilled over. Essentially, it is still difficult to meet demand normally.”
Therefore, the theory of a sharp drop in crude oil is not valid for the time being. Unless there is a fundamental financial crisis or another global outbreak of the epidemic, I think even more that this rapid and rapid surge is an act of market rebalancing, and it can also be simply understood as filling the gap. “The feast of US energy companies is that the stock price is worth the listing value, because these energy giants will be like money printers for a long time!” ——I prefer to spend a lot of time and energy on science...