Factors that affect crude oil prices?

1) Crude oil product supply (and all the factors that go into it like war, disruption, embargoes, oligopolies, regulations)


2) Crude oil demand (and all the factors that go into that like weather, economy, changing consumer patterns)


3) Liquidity


4) Expectation theory


5) US dollar policy (and the thing that affect that like US monetary and fiscal policy)


6) Substitutes (eg, biodiesel, bioethanol)


7) Fear/greed premium/discount

refill