If you take the view that Trump needed to deflate stock markets that were running at 159% of GDP, simple way to do it would be to 'drop' the price of oil by getting the Saudis and Russians to "disagree". Roll forward 1 month, time to reinflate the economy, a quick phone call to said Russians and Saudis - then bingo! - said dispute is over and POO is back to $40+ by end of May. Trump wont let POO stay below $40, the US shale industry is needed .... Art of the Deal. I bought STO and BPT yesterday, including April and May calls.
OIL PRICE AT $15 FOR MONTHS, page-27
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Last
$7.48 |
Change
-0.340(4.35%) |
Mkt cap ! $24.29B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.74 | $7.37 | $181.1M | 24.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3400 | $7.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.48 | 3000 | 1 |
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| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |