Summary
This prediction ended on 13.11.21 with a price of €71.57. With a performance of 5.91%, the BUY prediction by Covacoro for Brent Oil closed with a slight gain. Covacoro has 70% 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 | -2.522% | -2.522% | 6.077% |
| iShares Core DAX® | -1.670% | -1.001% | 10.864% |
| iShares Nasdaq 100 | -4.184% | -1.145% | 37.458% |
| iShares Nikkei 225® | -4.967% | -5.783% | 18.828% |
| iShares S&P 500 | -2.834% | -0.572% | 25.875% |