There has been very bearish news on crude in the last few days:
(1) Inventories at all times high or nearly so
(2) Very strong USD
(3) Now sign of the Saudis changing their stance on supply...............
These factors could certainly be said to put real downward pressure on POO
but POO went up...........................very bullish
Maybe signs of growth in the world..............China, India, US.....maybe just maybe
POO not in the poo
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Last
$7.56 |
Change
-0.100(1.31%) |
Mkt cap ! $24.52B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.60 | $7.53 | $8.416M | 1.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 11095 | $7.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.57 | 36959 | 39 |
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| Last trade - 11.26am 27/06/2024 (20 minute delay) ? |
| STO (ASX) Chart |