For both GGE and oil- small fall in Western demand- overtaken by ever greater oil demand from the bergeoning Asian Demand - Saudis promise to increase production as they have many times before- but it doesnt happen - and their reserves never decrease ( that is their claim ) - Iran selling oil for gold - oil is the new gold
nice little summary by Grant Williams with Jim Puplava
http://www.financialsense.com/financial-sense-newshour/guest-expert/2012/03/30/grant-williams/supply-is-now-dominant-factor-in-global-oil-price
increasing demand - falling supply
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4650001 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1463800 | 2 |
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| Last trade - 16.16pm 23/08/2024 (20 minute delay) ? |
| GGE (ASX) Chart |
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