WDS 0.35% $28.94 woodside energy group ltd

POO looking really ugly right now with a 7.5% drop - much worse...

  1. 130 Posts.
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    POO looking really ugly right now with a 7.5% drop - much worse than Friday.... But if the ASX is future looking, then investors will see that shortages are inevitable into 2022 and 2023, right? </sarcasm>

    US investors obviously do as Chevron share price, for example, is much less reactive. They are only marginally down at 0.8%, and that is mostly due to the S&P having a bad day on Powell comments. But I'm not sure ASX investors are enlightened, and that probably spells a bad Wednesday for WPL. </not being sarcastic>

    Also, it's likely OPEC will pause hikes for the next three months, in light of recent events.
 
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