是什么推动了油价?Here's What Drives The Price Of Oil

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油价的每一次波动,都牵动着人们的日常生活。那么,究竟是什么在决定油价的高低?

Actions by the President of the United States can impact a lot, and oil prices are no exception.

For most Americans, that means what the U.S. says and does will impact what they pay at the pump.

Here's what drives oil prices.

World affairs are just one of many factors that dictate oil prices.

If you're in the world of oil, monitoring the ebbs and flows of crude prices is second nature.

Most investors either follow WTI or Brent Crude.

Brent Crude refers to oil from certain oil fields in the North Sea, and it's used as an international benchmark for oil prices.

And West Texas Intermediate is one type of light crude that's drilled in the U.S. and served as a benchmark for U.S. oil prices.

If you're not an oil analyst, it may seem like a lot to keep up with.

But regardless of which of those contracts you follow, the gist is the same for both.

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