Companies that want oil will still buy oil, but it may be from a different source.
Oil supply routes get re-routed because of sanctions etc, means non optimal(cheap) prices are obtained,
consequently prices rise to factor in the extra cost of transport around non-optimal routes.
Resulting in higher transport cost ,that are passed on the customer or absorbed.
That a theory.
Its bit like a electrical circuit re-balancing itself if a low resistance wire is replaced with a resistor.
The current will reduce or delivered charge , until a higher voltage is applied to drive the same charge to its end destination. The voltage is equivalent to oil price, and the charge amount of oil delivered.
Thats a theory, but their are lots of parallels from hydrodynamics, electrical supply , capital/goods flows.
- Forums
- ASX - By Stock
- SHE
- Ann: Canadian Operation Update - Successful Completion of Well
Ann: Canadian Operation Update - Successful Completion of Well, page-39
-
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SHE (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.159M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1363120 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1363120 | 0.008 |
5 | 5300824 | 0.007 |
2 | 340009 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 100000 | 1 |
0.011 | 522176 | 2 |
0.013 | 100000 | 1 |
0.014 | 850000 | 1 |
0.015 | 265688 | 2 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
Featured News
SHE (ASX) Chart |
Day chart unavailable