Painful to think about I know but what does the very short term offer for BPT ?
Well the pundits are forecasting that the next 1 to 3 weeks is looking very grim for oil in general at this stage with prices of less than $20 a barrel...
https://www.cnbc.com/2020/03/17/oil-prices-could-hit-the-teens-in-coming-weeks-as-markets-crater-over-coronavirus-and-price-war.html
Smart money is pointing to the biggest ever crude oil surplus in many peoples lifetime with a tsunami of cheap oil headed our way.
https://www.thehindubusinessline.com/markets/commodities/the-world-is-heading-for-its-biggest-ever-crude-oil-surplus-says-ihs-markit/article31084149.ece
You have to wonder where this will stop but with a global recession almost guaranteed, BPT in the next 30 days is highly likely to be below 90 cents and then even likely lower.
GLTAH DYOR & HTFO
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Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $3.068B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.35 | $880.7K | 651.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 59505 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 53487 | 35 |
View Market Depth
| Last trade - 13.17pm 16/07/2025 (20 minute delay) ? |
| BPT (ASX) Chart |