Will Oil Hit $10 per Barrel?

In an uncertain market place anything can happen, and yesterday Standard Chartered issued a predication that oil could soon fall as low as$10 per barrel, which for those of you with good memories has not happen since way back in 1998.

In fact, it was not only Standard Chartered issuing their own predictions and warnings yesterday for the Royal Bank of Scotland also issued something of a strange waning in which they warned investors to sell all of their stock holdings, as they fear the market is about to crash.

Whether you took their advice or not, the year ahead is expected to be a very volatile one, however the advice of the Royal Bank of Scotland must have fallen on deaf ears as by the end of the day the FTSE100 ended up 1 point higher than the previous day.

However, the one major advantage of trading Binary Options shares is that you are never going to have to hold onto stock or shares at any time, for you are simply trading on whether the share value will raise of fall over any given time period.

That means you can also set you own level of risk when you are trading Binary Options which is something you are not going to be able to do when buying stocks and shares. As you can place trades on whether a company’s share value or any commodity of asset will fall in value as well as grown in value, even if the stock markets do crash or the price of oil falls dramatically then you can still make a profit out of those falls in value.

Juts make sure that you do your research, for even though those industry experts may be predicting the price of oil will fall as low as $10 it may never actually do so, and as such you need to do your research and only place well thought out trades if you do fancy placing a Binary Options trade on the value or oil or even on the value of oil company shares.

We do have some unique trading guides located throughout the website which we think you may be interested in utilizing if you are new to the world of Binary Options trading, for those guides will let you discover just how many different trades you can place online or on any mobile device.

---