Australia's largest stock trading and investment forum Australia's #1 stock forum

OOO betashares crude oil index etf-currency hedged (synthetic)

2.81%

$19.36

WARNING: Read me before buying OOO, page-128

First 128 Last

Share
Profile

Follow
davidtsao15

552 Posts.

107

20/04/20

11:47

Post #: 44138843
Share

Originally posted by thebeautifulstyle: ↑

why do some people think crude is going down to $10.

Correct me if Im wrong, but Saudi and Russia
the cheapest cost producers produce oil at $15 cost.

I dont have to state the obvious do I?

So forget the Futures for a minute and pls somebody explain to me why?

thanks in advance

Expand

Because there has no demand at this moment, and the oil reserve is nearly full in all around the world.

OOO Price at posting: $19.36 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

AII

A new NASDAQ listing for a key player in the global critical minerals space

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

DRO

History repeats for DroneShield investors but carnage so far subdued

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

First 128 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

WARNING: Read me before buying OOO, page-128

Top Stories

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

A new NASDAQ listing for a key player in the global critical minerals space

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

History repeats for DroneShield investors but carnage so far subdued

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Featured News