Verbio: Beneficiary of High Oil Prices - Is E20 Coming Soon?

The oil price rises by 2%. Brent climbs towards 105 USD per barrel as the Strait of Hormuz remains closed. This is the main burden for the German stock market. The beneficiary? VERBIO! After a brief consolidation, Verbio returns with a breakout and trend continuation. The logic: The current price shock in the crude oil market, fueled by the ongoing Hormuz crisis, significantly shifts the economic viability in favor of biofuels. E10 offers a price advantage over premium gasoline at the pump, which consumers are leveraging in light of growing...