There's also some good news for FMG holders - Rosneft chief ruled out Russia-Opec co-operation. Their production has come down to $3/barrel down from $5/bl last year, due to fall of the Ruble. Saudi Arabia and Russia will be adding to supply glut in the short-term(12-18 months). Expect oil and natural gas to stay down for a while until the hedges expire and some corporations go out of business.
Iron Ore Price, page-1906
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Last
$19.98 |
Change
-0.160(0.79%) |
Mkt cap ! $61.51B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $19.95 | $158.1M | 7.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5999 | $19.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.02 | 555 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |