Menu

Brent Oil

Oil’s Price Rollercoaster Continues

Oil’s Price Rollercoaster Continues

Traders on global Oil markets pushed black gold’s price down on Thursday morning. Continuing peace talks as well as a lockdown in Shanghai and a potential release of U.S. strategic reserves could have contributed to this downtrend.

Oil Drops From Near 14-Year Peak to Below $100

Oil Drops From Near 14-Year Peak to Below $100

Oil took a tumble Tuesday, marking a sharp decrease from last week’s near 14-year high price per barrel. Many analysts are pointing to an uptick in coronavirus infections in China along with the Federal Reserve’s expected hawkish turn as the proximate causes for this latest turnaround in the petroleum trade.

What Is OPEC+ and How Does It Affect Oil Prices?

What Is OPEC+ and How Does It Affect Oil Prices?

OPEC+ met yesterday to discuss planned Oil output increases. To understand why the organisation has decided to continue gradually increasing production in April, it’s important to take a look at its history and role in energy markets.


Get more from Plus500

Expand Your Knowledge

Videos & Articles help you expand your trading knowledge.

Prepare Your Trades

Our Economic calendar helps you explore global market events.

Trade Without Surprises

Understand the full costs of your trades now for better expense management later.


This information is written by Plus500 Ltd. The information is provided for general purposes only, and does not take into account any personal circumstances or objectives. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. No representation or warranty is given as to the accuracy or completeness of this information. It does not constitute financial, investment or other advice on which you can rely. Any references to past performance, historical returns, future projections, and statistical forecasts are no guarantee of future returns or future performance. Plus500 will not be held responsible for any use that may be made of this information and for any consequences that may result from such use. Hence, any person acting based on this information does so at their own discretion. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research.

Need Help?
24/7 Support