"OPEC and non-OPEC oil producers plan an informal meeting in Istanbul Oct. 8-13".
http://www.cnbc.com/opec/
That will be a strong tailwind for oil. It also says 'the Algiers deal to cut output would be in force for up to a year'. 'One year' is interesting, because it may scare off a quick come-back for the US shale and offshore drillings.
News: ORG Australia shares towed down by commodities, U.S. rate hike risk, page-4
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Last
$10.65 |
Change
0.230(2.21%) |
Mkt cap ! $18.00B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.66 | $10.44 | $27.79M | 2.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 20288 | $10.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.65 | 6884 | 16 |
View Market Depth
| Last trade - 13.38pm 21/06/2024 (20 minute delay) ? |
| ORG (ASX) Chart |