Considering oil output was not curtailed, the oil price drop and the DOW whacking, NDO held up surprisingly well, staying 10c and above. The next OPEC meeting is on the 17th Dec from memory; I'd expect a substantial reduction at that time to support prices. Many producing nations need prices above $70
Also looking forward to the announcement of a major taking a stake... maybe not to far away seeing today’s support
We'll see what tomorrow brings
opec
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Last
82.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $188.1M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 82.5¢ | 82.5¢ | $1.37K | 1.661K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 607 | 2 |
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| Last trade - 10.06am 18/09/2024 (20 minute delay) ? |
| NDO (ASX) Chart |