Analysis of world oil prices is currently very important, especially in the midst of the energy crisis that is hitting many countries. Crude oil prices have experienced significant fluctuations, influenced by factors such as geopolitical tensions, supply issues and global demand. In this analysis, we will dig deeper into the dynamics influencing oil prices and how the current energy crisis is contributing to price movements. From the supply side, OPEC+ has a crucial role in determining global oil prices. This alliance, made up of oil-producing countries, often decides to reduce production to raise prices. The latest example is their decision to reduce oil production in the face of falling demand due to the COVID-19 pandemic. This decision has a direct impact on the stability of oil prices on the global market. In the midst of the energy crisis, demand for oil is increasing. Industrialized countries such as the United States and European Union countries are trying to overcome energy supply problems, which have been exacerbated by the conflict in Ukraine. This tension not only disrupts oil supplies from Russia, but also impacts oil prices on the international market. The surge in demand from countries looking to replenish strategic reserves is adding pressure to oil prices. From a macroeconomic perspective, inflation also has a significant impact on oil prices. In many cases, high inflation prompts the Federal Reserve and other central banks to raise interest rates, which can further slow economic growth. In this situation, investment in alternative energy becomes more attractive, although this may worsen demand for traditional oil in the long term. The technological aspect is also no less important. Innovations in extraction technology, such as fracking, have changed the landscape of the oil industry, allowing countries such as the United States to become the world’s top oil producers. However, the development of renewable energy and stricter environmental policies are impacting investment in the oil sector, creating uncertainty in the market. An environmentally friendly approach from many countries could change the oil demand trends we see today. The global energy crisis, exacerbated by the impacts of climate change, has pushed countries to seek alternative energy sources. However, this transition was not instant. Countries still rely heavily on oil for various sectors, including transportation and industry. Therefore, oil prices remain the focus of attention amidst the energy transition efforts. By considering all the factors above, an analysis of world oil prices amidst the energy crisis shows deep complexity. Energy remains a vital commodity that not only affects the global economy but also national energy security. This uncertainty in the market is expected to continue, creating new challenges for policymakers and the energy industry around the world. Market watchers will also continue to track changes and trends that may affect future oil prices, making it a very relevant topic in discussions about the global economy and energy today.