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.
The big question is how long the Saudi/Russia oil war will last...
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Last
$27.11 |
Change
-0.030(0.11%) |
Mkt cap ! $51.47B | |||
| Open | High | Low | Value | Volume |
| $27.23 | $27.47 | $27.11 | $117.2M | 4.277M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 17 | 29693 | $27.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $27.13 | 8900 | 3 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$27.14 |
Change
-0.030 ( 0.01 %) |
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| Open | High | Low | Volume | ||
| $27.25 | $27.47 | $27.12 | 735078 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| WDS (ASX) Chart |