Oil prices have been rising steeply for several weeks. The prices of the most important oil companies have also risen. How can investors profit?
Article on tag "ERSTE STOCK COMMODITIES"
OPEC Cuts Oil Production by 2m Barrels per Day, Sparking Criticism From the West
Last Wednesday, the countries of the OPEC+ oil alliance decided on a comprehensive reduction in oil production. As early as November, 2 million barrels less per day will be produced. Many countries fear a rise in oil prices.
Commodities in strong demand
Whether you want to buy a house or buy a car, many private consumers currently deal with soaring prices for materials and unpleasantly long delivery periods. This situation is directly reflected in commodity prices.
Hopes for upswing continue to drive oil and industrial metal prices higher
Hopes for an economic recovery, but also the latest inflation fears, have recently fuelled the price rally on the commodity markets, with prices for crude oil and industrial metals continuing to soar. Several metal prices recently rose to multi-year highs.