BP PLC DZ/1 DL-_25
Commented by Nico Popp on March 1st, 2022 | 10:32 CET
Between war profits and peace dividends: ThyssenKrupp, Memiontec, BP
Since last weekend, the world has been a different place: Germany is pumping EUR 100 billion into a special fund for the German armed forces. In addition, more than the 2% of economic output demanded by the USA for years is to flow into the defense budget in the future. After years of neglecting its own defense, Germany is now back to deterrence. Given the threatening election of Donald Trump as the next US president, such self-help is also urgently needed. We highlight three stocks that are either affected by the Ukraine war or offer a peaceful alternative.
ReadCommented 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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