WDS 2.72% $27.60 woodside energy group ltd

WPL@$30, page-3876

  1. 130 Posts.
    lightbulb Created with Sketch. 23
    In the short term only (next 3 weeks or so) there are projected deficits. but beyond that there are projected surpluses: 30m barrels for January, 60m for February, and 90m for March. Regarding the Chinese energy crisis, that seems to have abated more recently. so I'm not so certain there's still a crisis, according to some traders who have seen demand somewhat ease. So although I have been bullish on oil, I'm not so sure about next year's high prices. There definitely is underinvestment (e.g. there are 30% less rigs operating today than usual), but that structural deficit might not be something that will be realised until COVID is no longer a threat, since the virus is heavily impacting sentiment (albeit disproportionately).
    Last edited by wizzlesticks: 26/11/21
 
watchlist Created with Sketch. Add WDS (ASX) to my watchlist
(20min delay)
Last
$27.60
Change
0.730(2.72%)
Mkt cap ! $52.40B
Open High Low Value Volume
$27.01 $27.65 $26.97 $115.7M 4.215M

Buyers (Bids)

No. Vol. Price($)
1 724 $27.59
 

Sellers (Offers)

Price($) Vol. No.
$27.61 1000 1
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
WDS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.