JC, stock markets look futher ahead but its not the same on a commodity market.
People are only participating to buy what oil they need and sell what they have and thus perfect supply and demand.
Market will only react to a change in supply when it happens, otherwise that oil will continue to be sold keeping the market low.
gann - corn, page-12
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Last
$5.57 |
Change
0.070(1.27%) |
Mkt cap ! $3.740B | |||
| Open | High | Low | Value | Volume |
| $5.51 | $5.57 | $5.49 | $9.620M | 1.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4040 | $5.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.57 | 14551 | 3 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| DOW (ASX) Chart |