According to investing .com
Oil Wednesday was off 7 weeks highs amid upbeat sentiment on output cuts.
Brent crude was off 35c,.62% @56.31 @ 08.00et.
Us crude shed 36c,.66%to 53.97.
OPEC estimates high compliance with cuts of 1.2 million barrels a day at the start of this year for 6 months. Non OPEC members led by russia have also agreed to cut output by 558000 barrels a day.
This simply show that currntly there is an over supply of crude oil and that the prices of oil will decrease and for at least 6 months oil will remain slow ...
I would be exiting now, page-27
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$14.17 |
Change
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Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $14.10 | $14.24 | $14.05 | $15.93M | 1.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6787 | $14.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.18 | 9834 | 2 |
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