U.S. crude oil futures settlement price hits new closing high since September 15

The settlement price of US crude oil futures has reached the highest closing record since September 15. Recently, the international crude oil market has been affected by a combination of factors, including dynamic changes on the supply and demand sides, policy adjustments by major oil-producing countries, and fluctuations in global macroeconomic expectations, all of which have provided various degrees of support to oil prices. This surge in oil prices also reflects growing concerns in the market about crude oil supply.