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Last few days we have seen Market Undervalued Oil Badly & it is now recovering (Thanks to Media Hyped Glut).
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My basic question to those who are shouting day and night about oil glut is -> Since last two years, media is busy on noise of 2.3 mpd extra oil production and glut.. Assume they are right.
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Multiply that extra oil by 730 days (2 years) i.e. almost 1500 Million Barrel Oil
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Where is that 1500 Million Barrel Oil Sitting ? I can see it in my backyard nor in Sara Palin's Backyard (Russia). Where is that 1500 Million Barrel Extra Oil ?
Any value in Woodside?, page-2
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Last
$24.56 |
Change
0.460(1.91%) |
Mkt cap ! $46.63B | |||
| Open | High | Low | Value | Volume |
| $24.40 | $24.76 | $24.36 | $117.8M | 4.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38676 | $24.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.62 | 724 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| WDS (ASX) Chart |