Iran is to launch an oil trading market for Middle East and Opec producers that could threaten the supremacy of London's International Petroleum Exchange.
A contract to design and establish a new platform for crude, natural gas and petrochemical trades is expected to be signed with an international consortium within days.
Top oil producing countries are determined to seize more control of trading after being advised that existing markets such as the IPE and Nymex in New York are not working in their favour
http://www.guardian.co.uk/business/story/0,3604,1239644,00.html
interesting developments
Add OIL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $116.9M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.5¢ | $14.96K | 105.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9999 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 76775 | 3 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
|
|||||
|
Last
14.5¢ |
Change
0.005 ( 7.41 %) |
||||
| Open | High | Low | Volume | ||
| 14.0¢ | 14.5¢ | 13.5¢ | 36575 | ||
| Last updated 13.24pm 06/06/2024 ? | |||||
| OIL (ASX) Chart |