agreed. releasing the strategic reserve is just a Band-Aid. as we can see, announcements like that push prices down, leading to less of an inclination to drill, leading to higher prices.
Trying to delay the inevitable at this point. Drillers will have to come on board eventually to normalise prices.
$100 Oil by year end?, page-394
Add ATS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $12.85M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $1.32K | 127.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2716682 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3419902 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ATS (ASX) Chart |