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Supply Oil Glut -> Media Hype vs Reality. I cant see any Glut.
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1st & 2nd Qtr 2015 Gap between Oil Supply and Oil Demand was around 2.3 mpd, now just 1 mpd. In 2015 Oil Traded around $63/Barrel, Now trading $37/Barrel.
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Basically Oil Should be now above $63/Barrel as was the case in 2015. 1st Qtr 2015 has maximum over supply.
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Sadly "Hedge Fund Managers" are busy shouting from their "Paid Media Plateforms" where they run nonstop commentary about "Oil Glut"
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.... Supply Oil Glut -> Media Hype vs Reality. I cant see any...
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Last
$7.18 |
Change
0.175(2.50%) |
Mkt cap ! $23.38B |
Open | High | Low | Value | Volume |
$7.21 | $7.24 | $7.14 | $50.65M | 7.043M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 63601 | $7.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.18 | 52559 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
45 | 39825 | 7.170 |
29 | 105758 | 7.160 |
20 | 111930 | 7.150 |
26 | 158988 | 7.140 |
9 | 89861 | 7.130 |
Price($) | Vol. | No. |
---|---|---|
7.180 | 63892 | 33 |
7.190 | 145376 | 35 |
7.200 | 122758 | 25 |
7.210 | 118205 | 22 |
7.220 | 118323 | 15 |
Last trade - 13.10pm 02/10/2024 (20 minute delay) ? |
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