I think we are a very good chance of seeing a lot higher than $120 this calender year.
Omricon looks like a great thing for oil prices once it peaks
7 years of underinvestment in exploration and development
add in a supply shock or two at some point during the year like a oil pipeline attack or something and this will pop.
worth remembering that spot LNG has been trading at the equivelant of roughly $200 barrel for months
Brent Oil price prediction 2022-2024, page-6
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Last
$27.75 |
Change
0.415(1.52%) |
Mkt cap ! $52.27B | |||
| Open | High | Low | Value | Volume |
| $27.66 | $27.77 | $27.35 | $86.52M | 3.142M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 4769 | $27.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.75 | 4705 | 19 |
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| Last trade - 15.22pm 07/05/2024 (20 minute delay) ? |
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Last
$27.79 |
Change
0.415 ( 1.71 %) |
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| Open | High | Low | Volume | ||
| $27.64 | $27.84 | $27.35 | 1055462 | ||
| Last updated 15.43pm 07/05/2024 ? | |||||
| WDS (ASX) Chart |