They said they were aiming to be cost efficient at US$25/bbl
Low A$ will assist
They have some hedging at higher prices
They could shut-in production rather than sell at low prices
They are mainly a gas company anyway but are oil-linked via GLNG
Henry Hub spot gas is about US$1.89
Japan LNG spot about US$3.40
Pretty low so you wonder whether GLNG should be shut-in
Saudis & OPEC may reduce production to boost the price ?
OIL PRICE AT $15 FOR MONTHS, page-2
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Last
$7.72 |
Change
-0.030(0.39%) |
Mkt cap ! $25.07B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.75 | $7.67 | $40.76M | 5.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8117 | $7.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.72 | 21387 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$7.71 |
Change
-0.030 ( 0.44 %) |
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| Open | High | Low | Volume | ||
| $7.73 | $7.75 | $7.67 | 1106822 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| STO (ASX) Chart |