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 ...
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According to investing .com Oil Wednesday was off 7 weeks highs...
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$13.87 |
Change
0.120(0.87%) |
Mkt cap ! $7.649B |
Open | High | Low | Value | Volume |
$13.75 | $13.87 | $13.62 | $16.71M | 1.213M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8268 | $13.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.87 | 4066 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 14.100 |
2 | 20978 | 14.070 |
2 | 25834 | 14.060 |
2 | 12129 | 14.050 |
1 | 5741 | 14.040 |
Price($) | Vol. | No. |
---|---|---|
14.110 | 5741 | 1 |
14.120 | 27754 | 3 |
14.130 | 48372 | 6 |
14.140 | 17763 | 2 |
14.150 | 3229 | 1 |
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WOR (ASX) Chart |