If Oil Price stays low(highly unlikely) most shale gas operators will go down. Also low oil price means World Oil Demand will Jump. For Example India's Oil Import (Volume Term) has surged around 16% in 2015. China's & Indonesia demand still growing. Also Saudi oil production in now totally unprofitable. Plus last year Hajj Visitors saw around 2 million drop, this year may will be see significant drop due to ME Turmoil. All this mean Saudi & other OPEC members will be forced by OPEC to cut production.
- Forums
- ASX - By Stock
- Can STO survive
If Oil Price stays low(highly unlikely) most shale gas operators...
-
- There are more pages in this discussion • 659 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.84 |
Change
-0.080(1.16%) |
Mkt cap ! $22.21B |
Open | High | Low | Value | Volume |
$6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5564 | $6.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.84 | 5679 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5564 | 6.830 |
12 | 49217 | 6.820 |
8 | 66414 | 6.810 |
34 | 160818 | 6.800 |
18 | 45063 | 6.790 |
Price($) | Vol. | No. |
---|---|---|
6.840 | 5679 | 1 |
6.850 | 1100 | 2 |
6.860 | 6455 | 2 |
6.870 | 7231 | 4 |
6.880 | 15201 | 4 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |