HZN 2.70% 19.0¢ horizon oil limited

"Share price may see 12c again. hold on tight, this will be a...

  1. 6,299 Posts.
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    "Share price may see 12c again. hold on tight, this will be a wild ride."

    Make that 11.5c!

    The wall St Journal has a pay-walled article claiming there is a glut of oil, an oversupply.
    This is the viewable start of the article.
    Oil Falls Most Since 2015 on Fears of Oversupply

    U.S. oil prices fall for a record 12th consecutive day

    By
    Dan Molinski and

    Amrith Ramkumar

    The Wall Street Journal
    Updated Nov. 13, 2018 3:09 p.m. ET

    U.S. oil prices sank deeper into a bear market Tuesday, posting their steepest fall in over three years and a record 12 consecutive days of losses, as fears of oversupply and weakening demand gripped the market.
    West Texas Intermediate for December delivery settled 7.1% lower at $55.69 a barrel on the New York Mercantile Exchange, its sharpest one-day fall since September 2015. Brent crude was down 6.6% at $65.47 a barrel, entering a bear market, defined as a 20% drop from a recent peak.
    ...
 
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Last
19.0¢
Change
0.005(2.70%)
Mkt cap ! $300.6M
Open High Low Value Volume
19.0¢ 19.0¢ 18.5¢ $209.0K 1.108M

Buyers (Bids)

No. Vol. Price($)
23 1228333 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 293291 7
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