KAR 0.00% $2.16 karoon energy ltd

Shale oil, where some say is causing the price wars IMO is a...

  1. 13,293 Posts.
    lightbulb Created with Sketch. 1234
    Shale oil, where some say is causing the price wars IMO is a side show.
    These producers are not the cause of the oil price drop.
    I think there are bigger global factors at play here.
    Russian sanctions.
    Cutting the income of terror sponsoring countries.
    Europe struggling.
    Chinese growth.
    I hate conspiracy theories but I think the Saudis and yanks are in bed together on this one due to the turmoil in the Muslim fundamentalism push.
    They will never admit that of course.

    As for future supply oil companies will still keep producing and exploring and world growth will continue after China, Europe and Russia get their act together.
    Just my opinion of course.
 
watchlist Created with Sketch. Add KAR (ASX) to my watchlist
(20min delay)
Last
$2.16
Change
0.000(0.00%)
Mkt cap ! $1.730B
Open High Low Value Volume
$2.19 $2.19 $2.14 $10.37M 4.792M

Buyers (Bids)

No. Vol. Price($)
6 19105 $2.14
 

Sellers (Offers)

Price($) Vol. No.
$2.17 59156 2
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$2.15
  Change
0.000 ( 0.90 %)
Open High Low Volume
$2.18 $2.19 $2.14 1196400
Last updated 15.59pm 29/03/2024 ?
KAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.