If this oil move gets serious legs, it's brings into focus my thesis on inflation/bonds/interest rates. That said, they will need to agree to bigger cuts to have a major impact. Talking about a 600k bpd reduction out of circa 95m bpd demand. I think we're likely to see a momo run here, but can't see WTI carving through 50 without a lot of work.
If this oil move gets serious legs, it's brings into focus my...
Add XMD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10,302 |
Change
-48.300(0.47%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 10,351 | 10,380 | 10,286 |
| XMD (ASX) Chart |
