Ho Ho Ho .... No Brainer indeed
Oil fell more than 3 percent on Wednesday, snapping a two-day rebound after U.S. government data showed a surprise weekly build in crude inventories and the Federal Reserve raised interest rates for the first time in nine years.
Oil traders were already worried about a growing global glut of oil which has pressured prices in recent weeks. Data from the U.S. Energy Information Administration showed crude inventories up 4.8 million barrels last week. Analysts in a Reuters poll had forecast a decrease of 1.4 million barrels. U.S. crude futures settled down nearly 5 percent, or $1.83, at $35.52 a barrel, not far from the $32.40 hit during the financial crisis in 2008.
stevo -buy back, page-35
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Last
$1.37 |
Change
-0.020(1.44%) |
Mkt cap ! $1.067B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.42 | $1.37 | $7.020M | 5.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 100413 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 25676 | 2 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |