The U.S. President Trump broadcasted a message on Twitter, resulting in a surge in Brent crude oil futures. Because the international crude oil market has a large scale and strong liquidity, its price can well reflect the relationship between supply and demand in the market. So, why is Trump's tweet so influential?First of all, the “Trump factor” in the oil market is an embodiment of the international status of the United States, as its leading position in the international geopolitics and global economy enables the U.S. to have an actual impact on the international crude oil market. Secondly, the rapid development of shale oil makes the United States an important force in global oil production, which has changed the global energy map and has overturned the pattern of international energy market formed over the years. In addition, the developed financial market and its huge volume of the United States also have a direct impact on international oil prices.With the progress of network technology and the arrival of the big data era, public opinions and information spread on the internet have become the new driving force that lead market transactions. Its rapid spread and real-time influence will certainly subvert the traditional market mechanism. The “Trump factor” is not an individual random behavior, and its influence on market sentiment should be fully considered in the investment decision-making.
