Here is the evidence that shows the positive correlation between the price of oil and the price of lithium:
So if the price of oil soars (because of the current war in the Middle East), there is a chance for the price of lithium to follow.
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PLS
pilbara minerals limited
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3.11%
!
$1.24

PLS chart, page-25607
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Last
$1.24 |
Change
0.038(3.11%) |
Mkt cap ! $3.958B |
Open | High | Low | Value | Volume |
$1.24 | $1.27 | $1.22 | $25.05M | 20.19M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
78 | 406763 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.25 | 263057 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
66 | 391646 | 1.240 |
31 | 284290 | 1.235 |
44 | 853777 | 1.230 |
18 | 566958 | 1.225 |
32 | 430062 | 1.220 |
Price($) | Vol. | No. |
---|---|---|
1.245 | 365384 | 30 |
1.250 | 1237862 | 47 |
1.255 | 582882 | 26 |
1.260 | 593877 | 30 |
1.265 | 558495 | 33 |
Last trade - 13.40pm 24/06/2025 (20 minute delay) ? |
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PLS (ASX) Chart |