What are the historical prices of Brent crude oil? How to invest in Brent crude oil?

　　Brent crude oil futures is a very popular product.In the trading market,most people like to invest in research.Brent crude oil is produced in the Brent region of the North Atlantic North Sea,so the name of this crude oil will be named after his region.He has long become a benchmark for oil prices in the market,mainly on the London Intercontinental Exchange and the New York Mercantile Exchange.As the main product in futures,most investors love this product more than other products.There are even some investors who hope that they can take root in the crude oil market in their lifetime.

　　Historical Price Action of Brent Crude Oil

　　The price action of Brent crude oil can be divided into four stages in total.

　　The first stage is the big explosion stage.This wave of explosions went directly from 2002 to 2008,with prices ranging from$16.65 to$147.50.This wave of gains has created a lot of rich people.When the price broke through$80,many people wondered if Brent crude oil will reach$100?When Brent crude broke through$100,many investors began to cheer wildly.Because they found that this wave of rising bull market surprised and surprised them,and at the same time made them a lot of profits.

　　As Brent's crude oil price reached 147.50,he ushered in a rapid and sharp plunge.This is his second stage.

　　At this stage,they only lasted a few months.Not only did it come very fast,but it also came very fast.In fact,it is also directly related to the financial crisis that year,which swept the entire market and caused the price of Brent crude oil to go from$147.50 to$36.20.

　　However,as the impact of the financial crisis began to slowly ease,Brent crude oil ushered in another wave of substantial gains.The rally put him back above$100.

　　Next is stage 4,and stage 4 is the current stage,when Brent crude oil rose from$15.98 to$86.10.The rate of this wave of gains has reached as much as 5 times.This wave of uptrend is not over yet,and it is expected that it will break through$100 quickly.

　　What factors affect the price of Brent crude oil?

　　1.US dollar exchange rate

　　The price of crude oil is pegged to the US dollar.Since the United States began to require crude oil to be settled using crude oil,the price of crude oil has been closely related to the price of the US dollar.But after the dollar is subject to huge fluctuations,the price of crude oil will also have a huge conflict.

　　2.Crude oil inventory

　　Crude oil is the king of commodities,and its inventory will also affect its price.If the production of crude oil increases excessively and their inventory increases significantly,the price of crude oil will also be affected to a certain extent.If the exploitation of crude oil can not keep up with the market demand,the price of crude oil will increase significantly under the situation that the supply is in short supply.Nowadays,the international market generally uses American shale oil as a benchmark.The cost of shale oil extraction in the United States is about 40 to 50 US dollars.

　　If the price of crude oil can reach this area,then the supply of crude oil will be in a stage of equilibrium.If this area is exceeded,most of the fields will start producing vigorously and will produce more crude oil.At this time,the supply and demand of our market will be broken.If the supply exceeds the demand for a long time,the price of crude oil will gradually decline.

　　3.Emergencies

　　Crude oil is not just an ordinary commodity,it is a strategic material,and it is also a material that the country has to reserve.Because of this,the price volatility of crude oil is also affected by emergencies.For example,a war suddenly broke out in some places,and the price of crude oil will also increase significantly.Or political events in some places start to increase continuously,then the price of crude oil will also increase significantly.Because everyone has a risk aversion mood,everyone hopes to hoard more crude oil,in case they do not have a large amount of crude oil to use in their own country.

　　Therefore,after the outbreak of tension in international relations,many people believe that it is the best time to invest in crude oil futures,which can allow them to earn the greatest profit in the shortest time.

　　4.Organizational Impact

　　Another big difference between crude oil and other commodities is that they have an independent OPEC organization.This organization will hold their meetings at critical times,in order to better balance the interests of each other,so that Their oil prices can fluctuate within a manageable range.So whenever they start a meeting,our crude oil price will fluctuate more violently.Especially in the first two years,they are always discussing whether to increase or decrease production.The price of crude oil was like a roller coaster.Up and down.

　　How to invest in Brent crude oil?

　　You must know that Brent crude oil is already a very mature product in the market.Now there are many institutions and after all,they are also investing in this product.They all hope to earn more profits and space in this product,so how can they invest too much crude oil?First of all,we have to find a suitable market that can provide a channel for crude oil trading.

　　The trading of crude oil is very flexible,because it can be bought up or down,and it is a two-way trading mechanism.As long as we can grasp the fluctuation of crude oil prices,we can better obtain the profit of the spread in the middle.

　　In addition,his entire market is very open and transparent,so it is very fair to each of our investors.It can be sold on the same day of buying,and its minimum standard is 1,000 barrels as a contract unit.Each time the price fluctuates at$0.01 per barrel,and he has no limit on the up and down.

　　It is because he has too many advantages,so many people join this market.

　　Of course,in the process of investing,we should also have a good experience of our technology.Risks and benefits are directly proportional,and more and more countries are now opening their own crude oil exchanges.Because they have found that the profit space behind this is extremely huge,and they also hope to develop their own path in this market as soon as possible.

　　As investors,we must first refine our technology and truly understand how the technology is effectively applied in the market.Some people may read books,but we should summarize book knowledge and practical experience together.Precipitate yourself in actual combat and grow yourself in actual combat.

　　Secondly,we must allocate our positions reasonably.Only in the case of reasonable allocation can we come and go freely,and we can respond flexibly.

　　I hope every one of our investors can be successful in crude oil investment and become the next Soros.