Goldman says the Arabs wont let oil drop below $80. When oil drops below $80 their oil well float valves will be regulated to restrict the flow. When the oil price goes up to $100 or more the ball valves will be regulated for more flow.
Very simple and easy price setting mechanism eh!!
Ann: Investor Briefing Day 2023, page-31
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$28.94 |
Change
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Mkt cap ! $54.94B | |||
| Open | High | Low | Value | Volume |
| $29.20 | $29.26 | $28.86 | $116.3M | 4.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16692 | $28.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.94 | 2904 | 1 |
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