Company News – Oil for a buck?

Dear traders!

The price of Brent oil on the London Stock Exchange fell below $100 per barrel for the first time since April. The lower threshold reached $98.5 per barrel. Bloomberg has already published an prediction that the price of Brent oil could fall to $65 per barrel by the end of 2022 and even to $45 per barrel in 2023.

The strongest movements of the market occur during crisis situations. Panic moods make even big players nervous, and then the market is stormed by two powers — fear and greed. It is at such moments that the legends of trading triumphs are born.

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