# Here are top 5 factors behind rise in crude oil prices in 2018

> Crude oil has risen in 2018, with WTI rallying from the $40-55 range to about $66 in late January and Brent trading above $70 by late March. Geopolitical risks involving Iran and Venezuela, along with US-China trade tensions, have supported prices.

- Date: 2018-04-01 · published 2018-04-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/66172-here-are-top-5-factors-behind-rise-in-crude-oil-prices-in-2018
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher crude prices raise diesel, fuel and freight costs for feed producers. Geopolitical risk premiums keep the market sensitive to new supply threats.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/here-are-top-5-factors-behind-rise-in-crude-oil-prices-in-2018-2539941.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.