Summary
This prediction ended on 29.11.24 with a price of €68.80. The SELL prediction by FloatingMomentum76 shows the price for Brent Oil slightly increased by 4.29% during the runtime of the prediction. FloatingMomentum76 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 | 1y |
|---|---|---|---|
| Brent Oil | -7.660% | -7.660% | -14.542% |
| iShares Core DAX® | -0.559% | 0.738% | 14.807% |
| iShares Nasdaq 100 | -0.566% | -0.324% | 3.991% |
| iShares Nikkei 225® | 1.073% | 5.624% | 19.546% |
| iShares S&P 500 | 0.868% | 0.030% | 1.475% |
Comments by FloatingMomentum76 for this prediction
In the thread Trading Brent Oil
Die von FloatingMomentum76 gewählte maximale Laufzeit wurde überschritten