The de facto tax you refer to has no bearing on the oil price. The price quoted is the OPEC per Bbl price. How the effect trickles down with the addition of local direct and indirect taxes is different.
Interest rates will act as a mechanism to curb spending when a drain is felt from oil imports and imports of foreign goods much of what effects Australias economy. But then the same applies in some form or the other to other nations. Interest rates will rise. (Thats RISE)
The de facto tax you refer to has no bearing on the oil price....
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$59.69 |
Change
-0.310(0.52%) |
Mkt cap ! $11.57B | |||
| Open | High | Low | Value | Volume |
| $59.82 | $59.89 | $59.06 | $20.30M | 341.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 318 | $59.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $59.69 | 1067 | 3 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |