What are the reasons for the falling Brent oil price since October 7th, despite the conflicts with Hamas and the threat to important trade routes?
How were the price trends determined in the budget planning and how are they now secured?
What influence do fundamentals have on the development of commodities?
I assess that fundamentals only trigger short-term fluctuations in commodities and are orientated toward the overriding trends in the medium and long term.
On 20 October, the price hit the upper limit of the overriding trend and has fallen since then.
How do you hedge against commodity price risks? What steps have you already taken or do you intend to take?
