This week I would like to speak about an article about gas/oil price in our financial situation

daily and what is happening with this. In this article I found information about the Suez Canal, it
is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea
through the Isthmus of Suez and dividing Africa and Asia. This canal is used to transport cargo
ships to the USA. Oil resumed gains as investors weighed the implications of a huge container
ship still stuck in the Suez Canal after a volatile few day that that saw prices swing wildly around
$60 a barrel. Futures in New York rose past $59 a barrel on Friday after dropping 4.3% in the
previous session. Crude is still down almost 4% this week after U.S. coronavirus cases started to
rise again and some European countries renewed lockdowns in a setback for the recovery.
Volatility in the oil market has climbed to the highest since November and the prompt time
spread for global Brent crude flipped briefly into a bearish structure on Tuesday.
I took this as an example of my future financial career and as an investor, as a finance manager,
it is very important to understand the importance of financial planning. A common mistake
which most of the investors make is to follow a particular performance trend of a particular asset
class and invests accordingly or focus too much on short term class items like which stock to
pick or which stock to buy/sell. A long-term asset portfolio can be built only through proper
asset allocation which includes well diversified portfolios. It is very important to check day by
day to pick the right option when investing in a company. Long time ago, investing in oil was a
boom but some companies are drastically decreasing their stock prices which is carrying to many
investors to lose a lot of money. As an example, I have Camber Energy (CEI), 5 years ago its
stock got a top price of $3,998.98 and now descending at a price of $1.02 (-99.97%). Check the
market as a financial manager is the most important thing. Also, examinate the risk-return
characteristic of individual securities or groups of securities identified under step one. The aim
here is to know if it is worthwhile to acquire these securities for the portfolio.

References:
Yahoo Finance (March 25, 2021). Oil. Retrieved From.
https://finance.yahoo.com/m/27bd2259-94db-39ec-be98-f647ea104550/oil-prices-
extend-sell-off.html
Investor’s business daily (2021). News. Retrieved From.
https://www.investors.com/news/oil-prices-suez-canal-blocked-new-data-add-
oversupply-worries/?src=A00220