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$5.55 yancoal australia limited

The correlation is closer with gas.

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hagetaka

5,864 Posts.

944

14/04/24

15:54

Post #: 73337463
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Originally posted by Hopeful9: ↑

Given Israel is under direct attack by Iran, is there an extremely good chance this will increase the crude oil price per barrel (and eventually, in Oz, at the petrol pump, perhaps accentuated further by the A$ dropping further below 65 cents?

Iran only produces 3.5 per cent of the world's oil but an all out war between these two must deeply concern other Middle Eastern nations.

Isn't there often some correlation between oil and thermal coal prices when there are supply (or demand) shocks affecting crude oil?

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The correlation is closer with gas.

YAL Price at posting: $5.68 Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last $5.55		Change 0.060(1.09%)		Mkt cap ! $7.328B

Open	High	Low	Value	Volume
$5.46	$5.61	$5.44	$5.519M	997.1K

Buyers (Bids)

No.	Vol.	Price($)
3	26694	$5.54

Sellers (Offers)

Price($)	Vol.	No.
$5.58	16000	1

View Market Depth

No.	Vol.	Price($)
3	26694	5.540
2	19577	5.530
1	988	5.520
1	5000	5.510
3	17761	5.500

Price($)	Vol.	No.
5.580	16000	1
5.590	19764	2
5.600	12128	3
5.610	10683	1
5.620	7000	1

Last trade - 16.10pm 30/04/2024 (20 minute delay)


Last $5.57			Change 0.060 ( 1.85 %)
Open	High		Low	Volume
$5.47	$5.61		$5.44	111190
Last updated 15.59pm 30/04/2024 ?

YAL (ASX) Chart