According to the global crude oil prices, the crude oil prices have increased by around 40% from the beginning of this year and currently remained at the level near the 2-year peak point.

Although the crude oil market price seemed to stand on the peak of the mountain, many of the traders still believed the crude oil price would be able to hit US$100/barrel before the end of 2022.

The view of optimism on crude oil price has been supported by the Goldman Sachs Group, which is one of the leading financial institutions in the world, it indicated that the crude oil price on Brent Crude would touch US$80/barrel within the recent two years.