No doubt things have changed GB as you know I was talking about this a long time ago when the SP was more than double what it is now.
I wouldn't rule out the SP getting back to double digit, but it will be quite some time.
What I think we will see is gas being decoupled form oil pricing and a more liquid tradable gas market with more futures contracts and in particular an Asian futures market. Gas will take the place of coal & oil in many industrial applications especially power generation. So eventually I can see price separation and a much better outlook for gas long term than oil. This is why I have suggested some time ago that STO sell their crude production assets & concentrate on gas and look at expanding into renewable energy production as well, as its the future without doubt.
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No doubt things have changed GB as you know I was talking about...
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Last
$7.52 |
Change
0.020(0.27%) |
Mkt cap ! $24.42B |
Open | High | Low | Value | Volume |
$7.50 | $7.59 | $7.47 | $41.05M | 5.456M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 13523 | $7.51 |
Sellers (Offers)
Price($) | Vol. | No. |
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$7.52 | 52283 | 4 |
View Market Depth
No. | Vol. | Price($) |
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2 | 25246 | 7.500 |
1 | 1500 | 7.490 |
13 | 148863 | 7.480 |
4 | 74966 | 7.470 |
4 | 7695 | 7.460 |
Price($) | Vol. | No. |
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7.520 | 28385 | 3 |
7.530 | 42342 | 3 |
7.540 | 48503 | 4 |
7.550 | 17725 | 6 |
7.580 | 3369 | 2 |
Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$7.51 |
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Change
0.020 ( 0.04 %) |
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Open | High | Low | Volume | ||
$7.50 | $7.58 | $7.47 | 1958810 | ||
Last updated 15.59pm 06/06/2024 ? |
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