If Oil Price stays low(highly unlikely) most shale gas operators will go down. Also low oil price means World Oil Demand will Jump. For Example India's Oil Import (Volume Term) has surged around 16% in 2015. China's & Indonesia demand still growing. Also Saudi oil production in now totally unprofitable. Plus last year Hajj Visitors saw around 2 million drop, this year may will be see significant drop due to ME Turmoil. All this mean Saudi & other OPEC members will be forced by OPEC to cut production.
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Last
$7.81 |
Change
0.140(1.83%) |
Mkt cap ! $25.36B |
Open | High | Low | Value | Volume |
$7.80 | $7.82 | $7.76 | $53.77M | 6.831M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 43486 | $7.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.81 | 39967 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1128 | 7.760 |
3 | 3820 | 7.750 |
1 | 5000 | 7.710 |
1 | 200 | 7.670 |
1 | 1250 | 7.650 |
Price($) | Vol. | No. |
---|---|---|
7.820 | 9063 | 5 |
7.830 | 780 | 1 |
7.840 | 4015 | 3 |
7.850 | 22301 | 9 |
7.860 | 7315 | 4 |
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