Some say timing is everything............... With hindsight these delays might make MAY the perfect place to be in May and beyond................Sunday’s surprise OPEC+ production cuts have redefined the outlook for crude prices, bringing $100 a barrel back into the frame. Some analysts are now saying the decline in oil inventories will accelerate, which only has one outcome for MAY! It's good to see Golman Sachs (The Market Makers) hours after OPEC+ announced it would reduce its combined oil production by more than 1 million bpd, issue a revision of its oil price forecast, raising it to $95 from $90 at the end of the year for Brent crude. The bank also raised its Brent crude forecast for 2024, now seeing it at $100 at the end of the year from an earlier projection of $97, so looks like this may be a medium term play and a great place to be invested in. With these factors in consideration and MAY's potential access to the sector, my confidence is only growing by the day. Did someone also mention Beehive? ONWARDS & UPWARDS COMRADES!
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2.0¢ |
Change
-0.002(9.09%) |
Mkt cap ! $67.40M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.0¢ | $31.42K | 1.518M |
Buyers (Bids)
No. | Vol. | Price($) |
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32 | 8153107 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.1¢ | 443000 | 3 |
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No. | Vol. | Price($) |
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32 | 8153107 | 0.020 |
11 | 1233820 | 0.019 |
4 | 386230 | 0.018 |
6 | 451884 | 0.017 |
4 | 2025000 | 0.016 |
Price($) | Vol. | No. |
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0.021 | 443000 | 3 |
0.022 | 3127048 | 11 |
0.023 | 3100000 | 4 |
0.024 | 2494362 | 7 |
0.025 | 1239199 | 4 |
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