i suspect the market has read oil price incorrectly.
everyone's been saying the selloff was saudi oversupply and the assassination
instead i think what happened was China put a curb on imports to reduce current account drag. i know they froze coal imports October to December
if thats the case - then we could see a v rare V recovery in oil + coal as they use the simulus that they just went into banks to replenish inventories
i suspect the market has read oil price incorrectly.everyone's...
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Last
$6.72 |
Change
0.030(0.45%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 104139 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 10465 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
