The Russian oil is getting sold to China and India plus you have just about every other oil producing country ramping up production so when the Russia/Ukraine situation finally ends you will end up with supply outstripping demand and that won't be good for the oil price.
I would say the chance of seeing US$200 oil in any of our lifetimes is Absolute Zero unless a museum buys a barrel of it for $200 to put in their museum in 50 years time.
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$1.58 |
Change
0.040(2.61%) |
Mkt cap ! $3.581B |
Open | High | Low | Value | Volume |
$1.54 | $1.58 | $1.53 | $6.913M | 4.438M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 129028 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.58 | 77802 | 32 |
View Market Depth
No. | Vol. | Price($) |
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55 | 126703 | 1.570 |
24 | 101680 | 1.565 |
18 | 167528 | 1.560 |
17 | 258991 | 1.555 |
10 | 87947 | 1.550 |
Price($) | Vol. | No. |
---|---|---|
1.575 | 97847 | 35 |
1.580 | 244184 | 25 |
1.585 | 167806 | 14 |
1.590 | 540114 | 14 |
1.595 | 83619 | 9 |
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