"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
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Last
$10.78 |
Change
0.120(1.13%) |
Mkt cap ! $18.57B | |||
| Open | High | Low | Value | Volume |
| $10.94 | $10.95 | $10.71 | $29.76M | 2.760M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1304 | $10.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.78 | 156 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| ORG (ASX) Chart |