最近的国际油价急剧升温了

really surprised me, just yesterday I was reading about the impact of global production cuts on oil prices and now it's like a whole new story

. I think the main reason is still the OPEC+ production cuts, which are really affecting the supply of crude oil to the market. And with the US shale oil production already at a low level, it's hard for them to increase production quickly enough to counteract the shortage

. Meanwhile, the demand for oil is still strong, especially from China

and other emerging markets, which are growing rapidly like crazy!

So the prices have to go up, no way around that. But it's also interesting to see how the market is reacting, with both US and European oil futures breaking out new highs

. I'm watching this story closely, will be interesting to see what happens next
