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Relationship between Southern Crude Oil Futures Price and International Oil Price

International oil price affects LOF price of southern crude oil.

LOF mainly invests in the international market, and the change of crude oil price in the international market directly affects the price of LOF in southern China. When the international oil price rises, the LOF price of southern crude oil will also rise, so the relationship between LOF of southern crude oil and international oil price is that international oil price affects LOF price of southern crude oil.