11 June 06:52 AM
It is also worth mentioning that not all experts find it real for oil price to drop to 60 dollars/barrel. The most likely scenario seems to be the one when oil price drops to about 100 dollars per one barrel of BRENT oil. This is rather evident, as in addition to threats and risks related to Eurozone, the market is influenced by other factors, such as, Iranian oil embargo, possible rise of demand for oil in developing countries, threat of military conflict in oil-bearing Middle Eastern region, and others.
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European stock indices have started this trading week positively and are currently trading in the green zone. Some indices keep making new 5-year highs.