After the growth of prices that lasted for more than a month, the prices of oil came to a short break which resulted in the crossing of the psychological limit of $40.
Namely, both the European and the US stock exchanges are recording a fall in prices of crude oil that yesterday amounted to $39 (Brent) and $37 (WTI) per barrel.
The break is reflected in the stagnation followed by a slight decrease in prices that reached the amount of over $40 after March 20. That was the first time this price was exceeded since December 2015.
On the other side, the last growth in prices that resulted in the crossing of the psychologically important limit of $40 occurred in late August 2015.
The drop was caused primarily by the fear of investors that the one-month continuous growth is nearly terminated. However, the analysts claim that no significant changes will happen in any direction in the near future.
(Source: klix.ba)
