International oil prices plummeted on the 14th

On the 14th, international oil prices experienced a sharp decline. At closing, the May delivery light crude oil futures price on the New York Mercantile Exchange plunged by $7.80, ultimately settling at $91.28 per barrel, a drop of 7.87%. Meanwhile, the June delivery Brent crude oil futures price in London also fell sharply by $4.57, closing at $94.79 per barrel, a decrease of 4.6%. This sudden drop in oil prices was influenced by various factors such as market supply and demand, geopolitical situations, and economic growth expectations, undoubtedly causing considerable shock to the global energy market. The future trend of oil prices has attracted the attention of many investors and related market participants, and further market developments are worth continued observation.