Abstract: A method for cracking crude oil includes delivering the crude oil to a first tube group of a convection section of a cracking furnace for preheating and then performing vaporization to obtain a first gas phase and a first liquid phase; performing high-pressure extraction on the first liquid phase to obtain a non-asphalt oil and an asphalt; and mixing the first gas phase and the non-asphalt oil with water vapor respectively, or mixing the first gas phase with the non-asphalt oil prior to mixing with water vapor, then delivering the same to a second tube group of the convection section of the cracking furnace for heating, followed by delivering same to a radiation section of the cracking furnace for cracking to obtain a cracked product, and separating the cracked product to obtain low-carbon olefins.