KAR 0.00% $2.16 karoon energy ltd

Disappointing - was hoping for 100+ net to Karoon at a minimum....

  1. 5,274 Posts.
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    Disappointing - was hoping for 100+ net to Karoon at a minimum.

    As for the future we can only hope OPEC is on the ball with its future price predictions.

    "OPEC is assuming the oil price will rise gradually to $80 a barrel in 2020 as supply growth outside the group weakens, a slower recovery than several member nations have said they need.

    The average selling price of the Organization of Petroleum Exporting Countries’ crude will increase by about $5 annually to 2020 from $55 this year, according to an internal research report from the group seen by Bloomberg News. Iran and Venezuela said they would like to see a price of at least $70 this month and most member countries cannot balance their budgets at current prices.

    It’s much harder for OPEC to lift prices” after the revolution of U.S. shale oil, said Bjarne Schieldrop, Oslo-based chief commodities analyst at SEB AB, which forecasts Brent crude at $73 by the end of the decade. “Eighty dollars by 2020 is pretty close to consensus view.”
 
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Last
$2.16
Change
0.000(0.00%)
Mkt cap ! $1.730B
Open High Low Value Volume
$2.19 $2.19 $2.14 $10.36M 4.784M

Buyers (Bids)

No. Vol. Price($)
5 63354 $2.15
 

Sellers (Offers)

Price($) Vol. No.
$2.16 206825 6
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Last trade - 16.10pm 28/03/2024 (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 28/03/2024 ?
KAR (ASX) Chart
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