....
Supply Oil Glut -> Media Hype vs Reality. I cant see any Glut.
....
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.
....
Basically Oil Should be now above $63/Barrel as was the case in 2015. 1st Qtr 2015 has maximum over supply.
....
Sadly "Hedge Fund Managers" are busy shouting from their "Paid Media Plateforms" where they run nonstop commentary about "Oil Glut"
...
...
....
.... Supply Oil Glut -> Media Hype vs Reality. I cant see any...
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.84 |
Change
0.100(1.29%) |
Mkt cap ! $25.46B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.89 | $7.80 | $44.20M | 5.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2389 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.84 | 129419 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |