"NEW YORK (Reuters) - Stocks rose on Wednesday, shaking off a slide in China's equity market, as investors responded favorably to a surprising drop in crude oil stockpiles that might suggest an improving demand outlook."
Oil is now back over 72 US$/bbl and Galoc has returned to production,
If you don't understand the economics for investing in the energy sector, you're best off parking your money elsewhere.
I shook my head in disbelief after this stock was sold back down to 6.4 cents on several occasions yesterday and I could only conclude that some people are well out of their depth.
wall st gains as oil data rekindles recovery
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $1.806K | 150.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 5264781 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1005462 | 5 |
View Market Depth
| Last trade - 10.08am 09/09/2024 (20 minute delay) ? |
| OEL (ASX) Chart |