I think what's going on with oil and gas stocks are traders pricing in a recession / depression spurred on by rate rises and thus lower demand for oil and gas.
My two cents is that the above scenario is overblown. This sell-off will in all likelihood be more of a dot-com crash (I would call it a 'dot-eth' or 'dot-io' crash or 'dot-com 2.0' crash).
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I think what's going on with oil and gas stocks are traders...
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Last
$26.73 |
Change
0.670(2.57%) |
Mkt cap ! $50.50B |
Open | High | Low | Value | Volume |
$26.31 | $26.84 | $26.26 | $113.9M | 4.286M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2812 | $26.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$26.74 | 2226 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 784 | 26.720 |
14 | 3555 | 26.710 |
11 | 10651 | 26.700 |
12 | 5748 | 26.690 |
12 | 7315 | 26.680 |
Price($) | Vol. | No. |
---|---|---|
26.730 | 981 | 10 |
26.740 | 5642 | 28 |
26.750 | 7939 | 19 |
26.760 | 3750 | 9 |
26.770 | 5142 | 14 |
Last trade - 13.29pm 04/10/2024 (20 minute delay) ? |
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