oil price continues to rise under the continuous development of the situation in Russia and Ukraine

Recently, under the continuous development of the situation in Russia and Ukraine, international oil price continues to rise. As of March 8, Brent futures fluctuates to close at $127.98/barrel, and WTI futures fluctuates to close at $123.7/barrel. Supported by crude oil, the ex-work price of petrochemical plants adjusts up, and LLDPE futures and PE spot markets has risen sharply.