Once the coalition of the willing get their reserves of oil up (stock piles), oil will get belted.
There is no shortage of oil -this is a myth. Simply put, the US are distributing the cost of the wars we had to have to all the poeple in the world who use some form of transport. Plus not get caught again (911).
It is rumoured that the US will reach their strategic target by mid July at the current rate (44 million barrels last month).
Phil
**oil about to steamroll the markets again****, page-6
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Last
$4.76 |
Change
-0.030(0.63%) |
Mkt cap ! $3.196B | |||
| Open | High | Low | Value | Volume |
| $4.78 | $4.83 | $4.76 | $3.584M | 750.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2920 | $4.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.79 | 6420 | 3 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| DOW (ASX) Chart |