.. 3rd and main reason
...
.. Wahabi needs Money else Social Turmoil will Spread. Wahabi's are not used to live frugal life at all. So they will agree for production Freeze.
..
Entire Middle East is Financially Bleeding. They need Oil to be Minimum around $70 to $80/Barrel to have financial to have some financially breathing space.
.....
.....
Oil Rally Confirmed, page-8
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Last
$7.48 |
Change
-0.060(0.80%) |
Mkt cap ! $24.29B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.51 | $7.42 | $68.01M | 9.106M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $7.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.49 | 46096 | 5 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$7.47 |
Change
-0.060 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| $7.49 | $7.51 | $7.42 | 3474947 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| STO (ASX) Chart |