The build up of inventories was forecast by T Boone Pickens
"In the last 30 days they've dropped 300 rigs…. You're gonna reach an all-time high on the inventory of oil, and it will be reached within the next six weeks, and then it will start to decline."
http://www.cnbc.com/id/102364314
Oil Prices Higher After Heavy Losses
Wall Street Journal - 18 mins ago
$50 to be the new norm, page-6
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Last
$26.34 |
Change
-0.340(1.27%) |
Mkt cap ! $50.01B | |||
| Open | High | Low | Value | Volume |
| $27.10 | $27.20 | $26.17 | $149.7M | 5.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2353 | $26.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.35 | 2527 | 2 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| WDS (ASX) Chart |