Comments by "XOXO" (@xoxo9970) on "Win-Win 4 Ukraine 2024 US Election" video.

  1. quite right that the price of oil will drop sharply If Trump wins. Thank you so much for enlightening the people and you create Harmony and peace and calm people down the oil price is very sensitive and because Trump is going to put in lots of tariffs and everyone has to pay to sell to the US. Will this frighten the market greatly and the hand will be slowed down and it directly affects the price of oil the concern that Tramp creates. In addition, he must pump pump pump oil. The price of oil continues to fall sharply. Context The drop in oil prices is due to a combination of factors: a slowdown in the global economy, especially in China, and an increase in oil production. China, which has long been one of the world's largest oil consumers, has seen a significant reduction in its oil consumption. This in turn has affected the global demand for oil. At the same time, several oil-producing countries have increased their production, which has contributed to a surplus on the market. Oil products demand in China, long the driver of global crude consumption, peaked in 2023 and is forecast to decrease by 1.1% annually between 2023 and 2025, with the drop accelerating in subsequent years Another factor that has affected the price of oil is the behavior of investors. As investors become more pessimistic about economic developments, they sell their oil contracts, driving the price down. The connection between oil and free energy There is also a clear connection between the reduced demand for oil and the increasing production of solar energy and wind power. Increased competition: Solar and wind power have become increasingly cost-effective, making them a stronger competitor to fossil fuels such as oil. When free energy becomes cheaper, it becomes less attractive for both consumers and companies to use oil. Policy goals and subsidies: Many countries have set ambitious goals to increase the use of free energy and have introduced various types of support measures, such as subsidies and tax breaks. Environmental Awareness: A growing awareness of climate change and environmental issues has fueled the demand for free energy. Consumers and businesses are increasingly choosing wind power and solar energy as a way to reduce their carbon footprint. Technological development: Constant improvements in solar and wind technology have made it possible to produce electricity more efficiently and at lower cost. What does it matter A lower oil price can be seen as positive for the consumer because it leads to lower prices for petrol and other oil products. For oil-producing countries, however, a low oil price can mean reduced income and financial difficulties.
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