Industry demand
Crude oil has excellent physical and chemical properties and is suitable for energy and industrial fields in economic activities. It is an important foundation for promoting economic development and industrial modernization.
Strategic Position
Rapid industrial development keeps the global demand for energy constantly rising. Since crude oil is a key energy commodity, its price may be highly influenced by geopolitics, economic positioning and military affairs.
Mass transactions
Based on the development of the global economy and the increasing demand for energy, crude oil has always been regarded as the king of commodity trading and has been recognized as the world's most traded commodity.
Crude oil history
The pricing history of WTI oil in the United States shows that energy commodities are subject to regular and substantial price changes, which will undoubtedly bring significant investment opportunities for investors who grasp market factors.
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