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BP PLC DZ/1 DL-_25

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Commented by Stefan Feulner on February 22nd, 2022 | 11:54 CET

Nel ASA, Saturn Oil + Gas, BP - Uncertainty drives prices up

The conflict between Ukraine and Russia with a possible war in Europe is unsettling the stock markets. After a friendly start to the week and a gain of around 100 points, the DAX took a beating. It is now trading well below the 15,000-point mark. By contrast, crude oil is trading at a premium in view of the threat of conflict. There is also positive news from oil producers, which should lead to further price increases.

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