cha, not quite sure about gold and oil, middle east tension is not really a sustainable imputus for a mini boom. Looks like it is already fading. Until oil rises on demand issues rather than supply issues its hard to get overly bullish. Another factor is the market, we are now in the 6th up day, how many more days can we go without a down day???
Crude Oil Falls on Concern Slowing Economy to Limit Fuel Demand
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By Christian Schmollinger
Jan. 2 (Bloomberg) -- Crude oil fell in New York, extending its worst yearly drop, on concern that a global economic contraction will limit fuel demand.
Crude oil for February delivery dropped as much as $1.58, or 3.5 percent, to $43.02 a barrel in after-hours electronic trading on the New York Mercantile Exchange. It was at $43.33 a barrel at 7:23 a.m. Singapore time.
1st chart of the year, page-8
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Last
$40.36 |
Change
0.290(0.72%) |
Mkt cap ! $204.7B | |||
| Open | High | Low | Value | Volume |
| $40.02 | $40.61 | $39.93 | $213.6M | 5.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 46059 | $40.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.37 | 15988 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |