Australia's largest stock trading and investment forum Australia's #1 stock forum

BRK

Click for more information

0.00%

1.2¢ brookside energy limited

Oil price & where to from here, page-2

First 2 Last

Share
Profile

Follow
vik1989

252 Posts.

84

20/10/23

15:13

Post #: 70452059
Share

Originally posted by telamelo: ↑

Excerpt below from *s t o c k h e a d article

Should the conflict between Israel and Hamas spiral out of control, we could well see action from the Organization of Arab Petroleum Exporting Countries (OAPEC), which while sharing many members with OPEC, should not be confused with the broader cartel.

The last time OAPEC took action in October 1973 as the Yom Kippur War raged on, the oil embargo targeted at nations that supported Israel sent prices soaring nearly 300% from US$3 per barrel to nearly US$12 per barrel.
Of course a lot has changed since then – like the US now being a net explorer of oil – so a new embargo will be somewhat more limited in its impact, though it would still be painful.

Odds are though that cooler heads will prevail and such a move will not come to pass.
However, a widening of hostilities would more than likely lead to panic buying, which would in turn drive energy prices up, which works out to something similar on a smaller scale.

Expand

Historically oil prices have little or no impact on sp of brk.

BRK Price at posting: 1.1¢ Sentiment: Sell Disclosure: Held
5 Upvote

2 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

There are more pages in this discussion • 1 more message in this thread...

First 2 Last

Add BRK (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $57.27M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$54.57K	4.547M

Buyers (Bids)

No.	Vol.	Price($)
9	2182919	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	21226690	26

View Market Depth

No.	Vol.	Price($)
9	2182919	0.012
49	43833607	0.011
17	9791919	0.010
11	5890014	0.009
1	120000	0.008

Price($)	Vol.	No.
0.013	21226690	26
0.014	26004638	20
0.015	9333433	18
0.016	2269455	11
0.017	11826445	8

Last trade - 15.15pm 11/07/2024 (20 minute delay)

BRK (ASX) Chart