"OPEC and non-OPEC oil producers plan an informal meeting in Istanbul Oct. 8-13".
http://www.cnbc.com/opec/
That will be a strong tailwind for oil. It also says 'the Algiers deal to cut output would be in force for up to a year'. 'One year' is interesting, because it may scare off a quick come-back for the US shale and offshore drillings.
News: ORG Australia shares towed down by commodities, U.S. rate hike risk, page-4
Add ORG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.91 |
Change
0.080(0.81%) |
Mkt cap ! $17.07B | |||
| Open | High | Low | Value | Volume |
| $9.83 | $10.01 | $9.79 | $50.44M | 5.074M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | $9.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.94 | 388 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| ORG (ASX) Chart |