Okay so oil is ~20% cheaper than the last 6 months or so. What's the link to the tariffs? Seems the higher output/ample supply was part of the cause. The other part of the cause of the drop is recession fear/downturn in consumption. Is that right or wrong?
Interest rate cuts are used when the economy isn't doing so well. So if the argument is that the tariffs will impede the economy, driving down consumption, which in turn drives down the oil price/interest rates, then this is a good thing?
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Coking and Thermal coal prices...where are we going?, page-492
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$5.73 |
Change
-0.040(0.69%) |
Mkt cap ! $4.793B |
Open | High | Low | Value | Volume |
$5.81 | $5.93 | $5.72 | $38.68M | 6.693M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10298 | $5.73 |
Sellers (Offers)
Price($) | Vol. | No. |
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$5.75 | 18353 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10298 | 5.730 |
2 | 32740 | 5.720 |
3 | 22730 | 5.710 |
9 | 92500 | 5.700 |
1 | 20518 | 5.690 |
Price($) | Vol. | No. |
---|---|---|
5.750 | 18353 | 2 |
5.760 | 23765 | 1 |
5.770 | 31002 | 5 |
5.780 | 20518 | 1 |
5.790 | 43120 | 2 |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
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