MAY melbana energy limited

oil pricing is complex. not as easy as benchmark matching. The...

  1. 3,648 Posts.
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    oil pricing is complex. not as easy as benchmark matching. The US imports heavy crude and exports light crude, the older refineries are designed on using heavy oil which has dropped off in the U.S. and hence why Canadian and Venezuelan heavy crudes are in demand in the US.

    Using benchmark to price can be flawed as a full analysis is required to understand the cuts with in each oil.
 
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Last
2.4¢
Change
0.000(0.00%)
Mkt cap ! $80.88M
Open High Low Value Volume
2.4¢ 2.4¢ 2.4¢ $10.65K 443.9K

Buyers (Bids)

No. Vol. Price($)
6 1498041 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 1967771 11
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Last trade - 15.22pm 13/06/2025 (20 minute delay) ?
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