Temporary situation. More oil supply than demand at the moment with Libya and USA increased production over the last year.
On the supply side - should see higher cost producers (US tight oil plays such as permian) shut with price around $80..... BHP Petrohawk assets still profitable - they have the better ground. Not sure where their cutoff is.
On the demand side - northern hemisphere winter is coming and it looks like record cold.
Woodside still profitable down to $40 barrel.....
Temporary situation. More oil supply than demand at the moment...
-
- There are more pages in this discussion • 26 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 to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$23.84 |
Change
-0.030(0.13%) |
Mkt cap ! $45.26B | |||
| Open | High | Low | Value | Volume |
| $23.81 | $23.92 | $23.50 | $73.38M | 3.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1050 | $23.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.85 | 112 | 1 |
View Market Depth
| Last trade - 16.19pm 08/07/2025 (20 minute delay) ? |
| WDS (ASX) Chart |