We have the most powerful cartel in oil industry. We can be assured that oil will not stay this low for much longer.
Also Oil reserve is estimated to use up in less than 40 years(see quote below). The development of alternate energy source has been with mix success. Not many nowadays talk about electric car and airplanes are still powered by oil.
"According to the Institute of Mechanical Engineers, there are 1.3 trillion barrels of proven oilreserve left in the world's major fields, which at present rates of consumption should last 40 years.Oct 22, 2014
- Forums
- ASX - By Stock
- STO
- STO is oversold today, imo
STO is oversold today, imo, page-220
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
|
|||||
Last
$7.66 |
Change
-0.080(1.03%) |
Mkt cap ! $24.95B |
Open | High | Low | Value | Volume |
$7.81 | $7.82 | $7.65 | $28.39M | 3.675M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 54515 | $7.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.66 | 19123 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 52249 | 7.650 |
13 | 56057 | 7.640 |
10 | 101291 | 7.630 |
12 | 49126 | 7.620 |
5 | 15344 | 7.610 |
Price($) | Vol. | No. |
---|---|---|
7.660 | 13537 | 13 |
7.670 | 58002 | 24 |
7.680 | 93052 | 26 |
7.690 | 83588 | 14 |
7.700 | 95235 | 10 |
Last trade - 14.23pm 15/08/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online