BRU

2.63%

7.8¢ buru energy limited

What's your take ceo.Are you buying up?

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Luck101

2,133 Posts.

158

09/03/20

10:36

Post #: 43375969
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Originally posted by KBkim: ↑

Rose coloured glasses out of supply in the Kimberley:

The spread of coronavirus continues to deepen the severity of the blow to global fuels demand. Rystad Energy now expects more than half of global oil demand growth to be lost in 2020. As global stocks increase by the day, the ongoing OPEC+ meeting is unlikely to result in cuts sufficient enough to balance the market, under all of our scenarios.The impact on demand growth has been staggering, if not unprecedented, with February’s crude demand dropping by a shocking 4.6 million barrels per day (bpd), led by a 2.9 million bpd month-on-month drop in Chinese crude runs.Rystad Energy’s pre-coronavirus global oil growth estimate was 1.1 million bpd for 2020, which we later slashed by 25% last month. Our data now point to a much more pessimistic outcome, with growth likely to fall to merely 500,000 bpd, and this is assuming that the Covid-19 epidemic will largely be contained by the end of June, which in turn implies a further downside risk.OPEC ministers are meeting in Vienna 5-6 March 2020 to decide if the oil-producing block will bite the bullet and step in by cutting production in order to balance the supply-demand gap and shield oil prices. Rystad Energy sees that as an unlikely outcome.

.......................Oil has lost 30% recently.Rigzone: last 24 hours.Brent Crude Oil : $45.27 / BBL - 9.44 % Light Crude Oil : $41.28 / BBL - 10.06 % Natural Gas : $1.71 / MMBtu - 3.38 %

.......................Coronavirus fears could delay timetable for giant Browse gas project, says WA Premier

.................….Another fail in the Kimberley :Gold Valley Iron put into voluntary administration, leaving Kimberley contractors out of pocket

......Buru shares @ 11 cents.

......SFX shares @ 13 cents.

Seems this has no end to it, all bad news.

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What's your take ceo.
Are you buying up?

BRU Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.8¢		Change 0.002(2.63%)		Mkt cap ! $52.36M

Open	High	Low	Value	Volume
8.3¢	8.3¢	7.8¢	$24.38K	304.9K

Buyers (Bids)

No.	Vol.	Price($)
1	26672	7.8¢

Sellers (Offers)

Price($)	Vol.	No.
8.0¢	149741	2

View Market Depth

No.	Vol.	Price($)
1	26672	0.078
1	8326	0.077
1	20000	0.076
4	316673	0.075
2	110000	0.074

Price($)	Vol.	No.
0.080	149741	2
0.085	64941	1
0.088	94777	3
0.089	10014	2
0.090	235853	4

Last trade - 16.10pm 30/08/2024 (20 minute delay)

BRU (ASX) Chart

What's your take ceo.Are you buying up?

Helix investor makes partial takeover bid, proposing board changes

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The Calmer Co’s Anthony Noble reflects on record breaking FY24

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WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

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Buyers (Bids)

Sellers (Offers)

Featured News

What's your take ceo.Are you buying up?

Top Stories

Helix investor makes partial takeover bid, proposing board changes

Lendlease sells off US east coast construction operations in latest global divestment push

The Calmer Co’s Anthony Noble reflects on record breaking FY24

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

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Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News