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tz-plus logo Nordex remains in [breakout position] due to high oil prices!

J. Meyer
Reading Time: 2 minutes

Attacks on the Iraqi Majnoon oil field and a tanker near Fujairah are unsettling the markets on Tuesday. The result? The price of Brent crude oil remains above 100 USD/barrel. The Sword of Damocles is a possible destruction of the oil infrastructure on Kharg Island, which Donald Trump has not ruled out. Such a move would further escalate oil prices and make quotations around 150 USD per barrel more realistic. For the old economy, this is a cost shock, while for companies like Nordex , it is more of a sales argument. Order momentum and optimistic...

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