ORG 0.72% $9.73 origin energy limited

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  1. 2,059 Posts.
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    This downturn is all POO Related - you can see WTI and Brent have hit the top of their prices (nearly $50) and have come down pretty hard since the FED spoke about possible interest rate hikes,

    We need to see more data to support like inventory data from the US showing a draw down in Cushing reserves, or actual data to support current supply disturbance, (Nigeria, Canada,Venezuela) or the upward trend could go down just a fast as we came up,
    I sold my ORG due to this uncertainty but will look to get back in lower if it does get any lower
    POO looking to correct - looking for a base it seems
 
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
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