Expect ROC to go up big time in the next coming weeks. An article I read today is titled:
"Oil Trades Near $47 After Surging as OPEC Weighs Production Cut"
http://www.bloomberg.com/apps/news?pid=20601081&sid=alL2wlEej4i4&refer=australia
Highlights
*Oil "posting the biggest gain in three weeks yesterday"
*"Prices are up 5.4 percent so far this year."
*"Oil prices have touched their lowest point for the year and are set to rebound above $60 a barrel because of resilient demand and OPEC cuts"
*"OPEC is doing a better job in complying with its production targets than in the past"
In summary, expect ROC to be a beneficiary from any major outcomes of the OPEC meeting.
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.13M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 50000 | 1 |
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| Last trade - 16.21pm 17/09/2025 (20 minute delay) ? |
| ROC (ASX) Chart |
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