Shale oil in the US is a higher cost form of production. I am sure there are many very nervous fingernail chewing MD's and CEO's of US shale oil companies who are very worried about the current oil price. I honestly believe that the oil price is being manipulated and it's a game of who can hold their breath the longest. And production from Roy Hill is already factored into the iron ore price, everyone knows it is coming online.
this beast is growing, page-15
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$40.94 |
Change
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Mkt cap ! $207.6B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $41.24 | $40.86 | $33.18M | 804.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2725 | $45.03 |
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| Price($) | Vol. | No. |
|---|---|---|
| $36.85 | 1350 | 1 |
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