"If the dollar continues to strengthen and the political situation [with Iran] improves, then the long-term prices will be about $78 [a barrel]," said Khelil, who is also Algeria's oil minister. He spoke to reporters while visiting Indonesia's energy minister.
Price drop: Crude prices have fallen by double digits over the past two weeks as oil investors worried that high prices for fuel made from crude oil have seriously damaged demand.
long term prices
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $171.2M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.0¢ | $41.70K | 211.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 85365 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 20620 | 1 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| OIL (ASX) Chart |