It is not easy for investors to profit from rising oil prices.
(Photo: dpa)
Dusseldorf Oil prices have been falling for months. The highs around the start of the Russian invasion of Ukraine are now a long way off. In the past six months, the price of a barrel of North Sea Brent has fallen by around a third and was even quoted at around USD 75 at times, but has stabilized again at around USD 80 in the past few days.
This decline over the past few months was a result of the bleak economic outlook, which signaled less demand for oil. The euro zone economy is on a contraction course and it is not entirely clear whether the US will scrape a recession.
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