Summary
This prediction ended on 08.08.24 with a price of €71.74. The price of Brent Oil decreased from the start of the prediction. Compared to the start price this resulted in a performance of -10.42%. RealPhoenix47 has 50% into this predictionBrent Oil is a type of crude oil that is used as a benchmark for pricing global oil supplies. It is often used as an investment and speculative opportunity due to its high liquidity and volatility.
Investors can buy and sell futures contracts of Brent Oil, which allows them to profit from price movements. Speculators can also speculate on the price of Brent Oil through options or exchange-traded funds (ETFs).
The role of Brent Oil as an investment and speculative opportunity depends on market conditions and global events that can impact supply and demand. It is important to note that investing and speculating in oil can be risky due to its sensitivity to price fluctuations and geopolitical events.
Performance without dividends (%)
| Name | 1w | 1m |
|---|---|---|
| Brent Oil | -2.356% | -2.356% |
| iShares Core DAX® | 0.936% | 1.535% |
| iShares Nasdaq 100 | 3.064% | 1.968% |
| iShares Nikkei 225® | 1.898% | -0.295% |
| iShares S&P 500 | 1.653% | 2.318% |
Comments by RealPhoenix47 for this prediction
In the thread Trading Brent Oil
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