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
$7.71 |
Change
0.040(0.52%) |
Mkt cap ! $25.04B | |||
| Open | High | Low | Value | Volume |
| $7.70 | $7.74 | $7.68 | $41.68M | 5.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 81033 | $7.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.71 | 201 | 1 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$7.74 |
Change
0.040 ( 0.60 %) |
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| Open | High | Low | Volume | ||
| $7.69 | $7.74 | $7.68 | 970618 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| STO (ASX) Chart |