The big question is how long the Saudi/Russia oil war will last for. These are the 3 oil wars we have seen in the last 12 years ir so. In 2008, it was quick and dirty and over in 7 months. The second one took far longer 19 months. This current war is 17 months old and often there is a turnaround in Feb-March. We could be just a few weeks away from a production cut and serious jump. I'd give it 2 months max. The Saudis don't want to sell their precious oil for nothing for too long. I'd give em 19 months tops.
Oil wars
Add WDS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$27.17 |
Change
-0.330(1.20%) |
Mkt cap ! $51.58B | |||
| Open | High | Low | Value | Volume |
| $27.22 | $27.29 | $27.03 | $165.3M | 6.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 586 | $27.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.17 | 39212 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$27.15 |
Change
-0.330 ( 1.44 %) |
||||
| Open | High | Low | Volume | ||
| $27.17 | $27.29 | $27.03 | 988647 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| WDS (ASX) Chart |