Strong move no doubt. A mixture of further short covering & bottom picking I would suggest as there doesn't seem to be any particular driver other sentiment.
What is impressive is that oil has shaken off some relatively global data of late.
I am still not convinced we won't see lower prices yet, as stock piles are telling me otherwise.
But STO shareholders enjoy what should be a great day.
Wow! oils up, page-2
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Last
$6.79 |
Change
-0.010(0.15%) |
Mkt cap ! $22.05B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $6.84 | $6.75 | $39.49M | 5.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 98628 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.79 | 4571 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |