What stocks investors should watch out for

Dusseldorf The war in Ukraine has had drastic consequences for the energy market: oil and gas prices have risen by around 30 percent since the beginning of the year. At the same time, Europe is trying to become more independent of fossil fuels and is intensifying its efforts for an energy transition.

This is causing movement on the stock market. The Handelsblatt explains what investors should pay attention to.

Oil Price: Up to $120 possible

The price of oil has settled at over 100 dollars. At the beginning of the year it was just under 80 dollars for the North Sea variety Brent, compared to just around 60 dollars a year ago. And prices could rise even further, says commodities analyst Gabor Vogel from DZ Bank: “The big question is whether and when the West will also impose sanctions on Russian energy supplies.”