yes isnt it amazing the lengths the US presidents go to keep their power - just about every international event the US is involved in is determined by domestic considerations - from vietnam to now - and what headlines would be happening and the POO would be should the 5-7mmbbls of SPR not be being withdrawn - the decline in product stocks would be obvious - and yes it will likely end after mid terms
so that is 8 more weeks of 5mmbbls withdrawal 40mmbbls - down to 400 total - 250/650mmbbls when they started
they are handing all the power to Putin not to themselves!!!!
i reckon POO could still go lower in the meantime before a huge reversal so i am not ploughing in just yet - time to let this play out before committing heavily
Ann: Update on Bauna Intervention Campaign, page-23
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Last
$1.87 |
Change
-0.005(0.27%) |
Mkt cap ! $1.498B | |||
| Open | High | Low | Value | Volume |
| $1.88 | $1.88 | $1.86 | $5.061M | 2.710M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25493 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 54387 | 4 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |