"Morgan Stanley's Martijn Rats: Oil prices could rise so sharply that they might take some by surprise. The Energy Information Administration this week revised upwards its forecast for U.S. oil production growth this year, but adjusted its global production outlook downwards. Tighter oil markets could come sooner rather than later this year".
This forcast has been floating around for some time, seems its still relevant today. If it pans out as stated, the timing would be perfect for Kar's year ahead.
"Morgan Stanley's Martijn Rats: Oil prices could rise so sharply...
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Last
$1.84 |
Change
-0.025(1.34%) |
Mkt cap ! $1.470B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.87 | $1.83 | $10.17M | 5.512M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 157594 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 86778 | 2 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.84 |
Change
-0.025 ( 1.86 %) |
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| Open | High | Low | Volume | ||
| $1.86 | $1.87 | $1.83 | 1216765 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| KAR (ASX) Chart |