Oil at $100: a pipe dream?

Oil at $100: a pipe dream?

If global stocks had a bad month in October, oil endured an equally torrid start to the fourth quarter. Crude prices roared higher in 2017 and for the most of 2018. Coming off a low around $45 a barrel for Brent crude in June 2017, prices rose clear of $80 by the start of October this year. Since then the market has eased, with the price of Brent, the international benchmark, retreating by around 15 per cent over the month to the $72-a-barrel region.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now