What Is the ‘Magic Number’ for the Price of Oil?

By hellenicshippingnews Here's a number to focus on: $50. That's per barrel, the price of Brent crude oil at which falling prices started to hurt rather than help shares and other risky assets. Monday's 6% fall and rebound in oil pushed equities down and back up, once again demonstrating its importance. Brent prices rose 2.6% […]

Published April 22, 2016

By LizOutLoud

By hellenicshippingnews Here's a number to focus on: $50. That's per barrel, the price of Brent crude oil at which falling prices started to hurt rather than help shares and other risky assets. Monday's 6% fall and rebound in oil pushed equities down and back up, once again demonstrating its importance. Brent prices rose 2.6% to $44.03 ... Read full story ›

Source:: Hellenic shipping news Oil

      

Copyright © 2026 Consilience Energy Advisory Group. 
Proudly designed and maintained by LCPMW.
envelopephonemap-marker
View Cart Checkout Continue Shopping
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram
Powered by Ceag.org  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.