Analysis shows that American oil producers may be the beneficiaries of rising oil prices.
The situation in the Middle East is escalating, causing energy prices to soar. Analysis from research institutions suggests that American oil producers may be among the most direct beneficiaries of the turmoil in the global energy market. According to the Financial Times of Britain on the 15th, calculations by investment bank Jefferies' models show that since the United States launched military action against Iran on February 28, international oil prices have risen by more than 40% cumulatively. In March alone, American oil producers may increase their cash flow by about $5 billion as a result. Further research data from consulting firm Ruisite Energy Company show that if the average price of U.S. crude oil reaches $100 per barrel this year, American oil producers will obtain an additional $63.4 billion in revenue from oil production. Last Friday, American WTI crude oil closed at $98.71 per barrel. On the 12th, when Brent crude oil surpassed $100, American President Trump bluntly stated on social media, "As the world's largest oil-producing country, rising oil prices mean that America is making big money."
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