TSXV:LNGE - Post Discussion
Post by
Investmentwin on Nov 17, 2023 5:23pm
Oil enters bear market 😢😢😢
INVESTOR PLACE
Novermber 17,2023
Oil Price Predictions: What’s Next as Oil Enters Bear-Market Territory?
Keep an eye on crude prices after they officially entered a bear market
The price of crude oil has fallen into a bear market, down more than 20% from a peak reached in September.
- The decline in oil prices is pressuring the stocks of energy producers.
- However, the decline in oil prices is also helping to lower inflation and give equities as a whole a boost.
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