Crude oil price trends in the global market are strongly influenced by various factors, including supply and demand, geopolitical situations, and energy policies of major countries. In recent years, oil price fluctuations have become a major concern, especially for oil producing and consuming countries. One of the main factors influencing crude oil prices is global demand. During the post-COVID-19 pandemic economic recovery period, oil demand experienced a surge. However, with increasing awareness of sustainability and the shift towards renewable energy, long-term demand for crude oil is starting to come under pressure. Predictions from OPEC show that global oil demand will peak in 2030. On the supply side, the decisions of OPEC and other oil producing countries have a big influence. Production cuts carried out by OPEC+ have helped stabilize oil prices amid market uncertainty. However, increasing production from non-OPEC countries such as the United States could also have a significant impact. In recent years, US shale oil production has increased drastically, affecting the balance of international prices. Apart from economic factors, the geopolitical situation in various parts of the world also influences oil prices. Tensions between oil-producing countries such as Iran, Venezuela and the Gulf countries often cause price volatility. For example, international sanctions against Iran resulted in a reduction in oil exports, which had a direct impact on prices on the global market. The energy policies implemented by major countries are also an important factor. For example, the transition to renewable energy in Europe and China could reduce long-term demand for crude oil. In addition, stricter environmental regulations could trigger a shift from the use of fossil fuels to more environmentally friendly alternatives. Technical analysis also plays a key role in oil price movements. Investors and traders use historical data to predict future price movements. Indicators such as Moving Average, RSI (Relative Strength Index), and Fibonacci retracement are often used for this analysis. The market is also paying close attention to the announcement of oil inventory data by the EIA (Energy Information Administration) and API (American Petroleum Institute). An increase or decrease in inventory can provide a signal about the strength of supply and demand occurring in the market. The global macroeconomic situation, including inflation and interest rates, also influences oil prices. Rising interest rates can lower energy demand, while high inflation usually pushes oil prices up, due to higher production costs. Lastly, market sentiment, which can be influenced by news and analysis of public opinion, can also cause sharp price movements. Investors often react to news that has the potential to change the landscape of the energy industry. With a deep understanding of crude oil price trends in the global market, investors and stakeholders can make better decisions. Recognizing that many factors interact with each other, from economics to geopolitics, can enable them to forecast future opportunities and risks.