The war in Ukraine continues to dominate the oil market. Prices have since moved somewhat away from recent highs.
Singapore Oil prices fell noticeably from a high level on Monday. In early trading, a barrel (159 liters) of North Sea Brent cost $109.83. That was $2.84 less than Friday. The price of a barrel of West Texas Intermediate (WTI) fell $2.96 to $106.37.
The war in Ukraine continues to dominate the oil market. The invasion of Russia and severe sanctions by many countries pushed prices to their highest level since 2008 a week ago. In the meantime, prices have moved away from these highs again. A barrel of Brent rose to around $139 last Monday.
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Düsseldorf The war in Ukraine is having drastic consequences for the energy market: oil and gas prices have risen by around 30 percent since the beginning of the year. At the same time, Europe is trying to become more independent of fossil fuels and is intensifying its efforts for an energy transition.
This is causing movement on the stock market. The Handelsblatt explains what investors should pay attention to.
Oil Price: Up to $120 possible
The price of oil has settled at over 100 dollars. At the beginning of the year it was just under 80 dollars for the North Sea variety Brent, compared to just around 60 dollars a year ago. And prices could rise even further, says commodities analyst Gabor Vogel from DZ Bank: “The big question is whether and when the West will also impose sanctions on Russian energy supplies.”
The price of a security traded on the stock exchange is called the market price. The price is the difference between supply and demand. The share price of the paper is determined on the basis of the available buy and sell orders.
A distinction is made between ask and bid price, in English also between ask and bid. The ask price is the price at which a market participant wants to sell his security. The bid price is the price that a market participant is willing to pay for a security. The difference between the bid and ask price is called the spread.
Stock market prices are usually displayed with a delay of 15 or 20 minutes. Real-time prices, i.e. current stock market prices in real time without any time delay. Stock market prices fluctuate constantly. Different factors influence whether a price moves up or down. In addition to company news and balance sheet submissions, which market participants can interpret positively or negatively, investor expectations play a particularly important role. In addition, the development of companies in the same or similar sectors often has an impact on the stock market price. The development of the overall market can also affect the price of a security. In addition, when interest rates are high, market participants tend to sell rather than buy, which can also weigh on prices. Phases of sustained price declines and weak overall markets are also referred to as bear markets or bear markets. Times when the stock market prices rise permanently and the mood on the overall market is positive are also called bull markets.
For 4 days we have been experiencing images that very few of us could have imagined. Russian tanks roll through Ukraine. Missiles hit houses. A country just 2 hours flight from Germany is being attacked from the north, south and east by the fourth largest army in the world.
There is war in Eastern Europe. It started 8 years ago and is now getting worse. Vladimir Putin has emerged as the monster many have long believed him to be.
Women and children remain in bunkers, cellars, in freezing underground stations. Air alarm sounds. There is a curfew in Kyiv. Anyone who goes out on the street will be shot at. Those who were able to get to safety across the Polish border were lucky.
Men between the ages of 18 and 60 are not allowed to leave Ukraine. They defend their country, their freedom.