What are the factors that affect the spot crude oil?
Factors affecting the price of crude oil are the following:1, the relationship between supply and demand (do not explain too much),2, macroeconomic policies and regulations, inflation, currency exchange rate: mainly the U.S. dollar, interest rates, etc.
Speculation funds, once the price exceeds the supply and demand, deviated from the normal value. Or the emergence of an extraordinary fluctuations are caused by the supply and demand of funds in and out.
6, psychological factors (the degree of confidence in the market traders) are usually considered the above factors there is a kind of view is the teacher Fu lvzhren; the real impact of international crude oil price. Remember only one: money. Whether the funds into the crude oil market or whether the funds from the crude oil market. Funds can be classified as: supply and demand funds, speculation funds, hedge funds.7, supply and demand funds, is the demand, the normal demand on the market.
3, international political factors (regional conflict, war)4, the relevant market linkage (gold, foreign exchange (mainly U.S. dollars), stock)5, speculation and international hot money,
